Brian wrote, from Singapore I think since his surname is Ng! This is what he wanted to know and what follows is what I was able to tell him. Dear Sir, I would like to know the answers regarding:- 1)explain briefly the IAS 1 including fair presentation,accrual,consistency and going concern and suitable examples to illustrate the answer for each explanation? 2)Objective of financial statement to provide information to users.Who are the main categories of users of financial statement of their needs? List and describe the Qualities or Characteristic of useful information. Thank You for provide the answers to me. Hello there Brian, Good to see you visiting my IAS pages. Let me point you in the direction of my other financial accounting pages for your answer. I have a few pages on the basic introduction to financial accounting that I have constructed to apply both the UK accounting and IAS accounting and US accounting ... Go to my home page and choose the financial accounting section and then follow the links for accounting concepts, the going concern concept, what are the objectives of accounting. Don't forget to read through the IAS Framework page in the IAS section, too, though. I hope this is all OK for you but let me know of any further questions. Best wishes DW