Recognising changes in estimates

Recognising changes in estimates

No Comments on Recognising changes in estimates

IAS8: para 32 to 40

For a change in accounting estimate, the following must be disclosed:

  • the nature and amount of the change in accounting estimate;
  • if it is impracticable to quantify the effect of the change in accounting estimate on future periods, this fact must be disclosed.

About the author:

Related Posts

Leave a comment

Cape Town Head Office
(+27) 21 702 0686
info@edgelearningmedia.com
Durban Office
(+27) 31 764 2542
info@edgelearningmedia.com