Question: i have only 1 hour to answer help me please The International Accounting Standards Board (Board) issued the revised Conceptual Framework for Financial Reporting (Conceptual

i have only 1 hour to answer help me please

The International Accounting Standards Board (Board) issued the revised Conceptual Framework for Financial Reporting (Conceptual Framework), a comprehensive set of concepts for financial reporting, in March 2018.

Required:Discuss the following subjects:

1- Why have we revised the Conceptual Framework?

2- The revised Conceptual Framework introduces main improvements.

3- Qualitative characteristics of useful financial information.

4- The objective and scope of financial statements and provides a description of the reporting entity.

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