The IASB is silent on the application of the direct effects of a change in accounting policy.
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Q4: Accounting errors include changes in estimates that
Q10: One of the disclosure requirements for a
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Q12: Companies account for a change in depreciation
Q13: A change in accounting policy is a
Q14: Statement of financial position errors affect only
Q16: The new IFRS on financial instruments will
Q17: When a company changes an accounting policy,
Q18: Counterbalancing errors are those that will be
Q20: The requirements for disclosure are the same
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