Answered: Which of the following is not…

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.

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

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.

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