Analysis of the IASB's Conceptual Framework for Financial Reporting

The overall objective of this research was to analyze the perceptions of accounting users regarding the proposed revision of the Conceptual Framework for Financial Reporting proposed in Discussion Paper - DP/2013/1 issued by the International Accounting Standards Board - IASB. Responses to each question were obtained in two ways: a) whether the respondent agreed, disagreed, or partially agreed with the subject proposed for the question under analysis, and b) whether the respondent supported their response and what type of argument they used. The overall results showed a total of 3,520 responses. The level of agreement was 69.72%, followed by 20.91% and 9.38% for disagreement and partial opinions, respectively. In general terms, 47% of the arguments belong to the scope category, followed by No Argument responses with 21%, Examples with 9%, Internal and External Effects with 7%, Due Process with 6%, and Definition with 2%. Thus, the survey results showed that most respondents agree with the IASB proposal and, to support their arguments, generally draw on practical experience.