Using IFRS, a change in accounting policy for which a standard does not include specific transitional provisions should be applied a. prospectively. b. practicably. c. in accordance with management’s judgment. d. retrospectively.

Using IFRS, a change in accounting policy for which a standard does not include specific transitional provisions should be applied a. prospectively. b. practicably. c. in accordance with management’s judgment. d. retrospectively.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter22: Accounting For Changes And Errors.

Section: Chapter Questions

Problem 7GI

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