Which of the following would be a reason where IASB would permit companies to change accounting policy?
A)The change would allow the company to present a more favorable profit picture.
B)The change would result in the financial statements providing more reliable and relevant information about a company`s financial position, financial performance, and cash flows.
C)The change is made by the internal auditor.
D)The change will be long-term.

Question

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The Answer of Which of the following would be a reason where IASB would permit companies to change accounting policy?
A)The change would allow the company to present a more favorable profit picture.
B)The change would result in the financial statements providing more reliable and relevant information about a company`s financial position, financial performance, and cash flows.
C)The change is made by the internal auditor.
D)The change will be long-term.

Which of the Following Would Be a Reason Where IASB