QUESTION 4 A. a. According to MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors, company is allowed to change its accounting policy. State TWO (2) conditions that require changes in accounting policy.

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter2: Audits Of High-risk Accounts
Section2.2: Golden Bear Golf, Inc.
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QUESTION 4
A. a.
According to MFRS 108 Accounting Policies, Changes in Accounting Estimates
and Errors, company is allowed to change its accounting policy. State TWO (2)
conditions that require changes in accounting policy.
Transcribed Image Text:QUESTION 4 A. a. According to MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors, company is allowed to change its accounting policy. State TWO (2) conditions that require changes in accounting policy.
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