Definition of Accounting Estimates

All topics related to IFRS Standards.
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Marek Muc
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Definition of Accounting Estimates

Post by Marek Muc »

in case you missed it:
https://www.ifrs.org/projects/2021/acco ... estimates/

I find it very useful that IASB added paragraph 34A clarifying treatment of changes in measurement techniques:
34A The effects on an accounting estimate of a change in an input or a change in a measurement technique are changes in accounting estimates unless they result from the correction of prior period errors.
marea
Posts: 135
Joined: 27 Feb 2020, 17:35

Re: Definition of Accounting Estimates

Post by marea »

Thank you for sharing.
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