A certain place in the Conceptual framework is occupied by the qualitative characteristics that have undergone structural modifications and created the prerequisites for the formation of their concept. In this context, the work focuses on the study of the status of qualitative characteristics in two accounting systems. In some associated countries, a third accounting system has emerged that has a mixed character and an excellent list of quality characteristics. The authors proposed a methodology for assessing the usefulness of financial reporting information, which proves the failure of the convergence of various accounting systems while ignoring the conceptual approach.