When it is impossible to determine whether a change in policy or change in estimate has occurred, the change is considered a change in estimate.
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Q1: Retrospective application refers to the application of
Q3: If an IASB standard creates a new
Q4: Under U.S.GAAP, the impracticality exception applies both
Q8: An indirect effect of an accounting change
Q9: Companies report changes in accounting estimates retrospectively.
Q10: One of the disclosure requirements for a
Q11: Errors in financial statements result from mathematical
Q11: Adoption of a new policy in recognition
Q14: Companies record corrections of errors from prior
Q18: Retrospective application is considered impracticable if a
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