Asked Jan 24, 2020

Which of the following is not classified as an accounting change by IFRS?

a.    Change in accounting policy.

b.    Change in accounting estimate.

c.    Errors in financial statements.

d.    None of the above.



Expert Answer

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International Financial Reporting Standard (IFRS): An international standard for identifying, analyzing, and recording the transactions related to money or money's worth for a consider...

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