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framework of accounting cma inter An accounting framework is a set of norms that are used to measure, recognize, and present the information that appears in an entity's financial statements. A conceptual framework is defined as a set of ideas and objectives that leads to the creation of a persistent set of rules and standards. Measurement frameworks are a way of structuring metrics and those all-important key performance indicators (KPIs) around the strategy, goals, and objectives of the business. A Recognition Program Framework is a basic structure, plan, or system, outlining the various recognition programs present in an organization. Companies align their organizational culture and their people and strategic business goals with these recognition frameworks. An accounting framework is a set of norms that are used to measure, recognize, and present the information that appears in an entity's financial statements. A conceptual framework is defined as a set of ideas and objectives that leads to the creation of a persistent set of rules and standards.