The accounting standard IAS 8 explains the criteria required for selecting and changing accounting policies and sets out the accounting treatment and disclosures required for changes and corrections to estimates or errors. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments.
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The IFRS Foundation and International Accounting Standards Board (IASB) provides free access to the consolidated unaccompanied international accounting standards for the current year through its website; you will need to register to gain access.
These standards are the unaccompanied versions and do not include any additional content that accompanies the full IAS and IFRS such as illustrative examples, implementation guidance and bases for conclusions.
IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors
Timeline and summary from Deloitte IAS Plus, with information on related interpretations and amendments under consideration.
Accounting policies, accounting estimates and errors
Topic summary provided by PwC, giving latest developments and overview, a summary of the standard and links to relevant resources.
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IFRS checklists and model financial statements
Online disclosure checklists, general IFRS illustrative statements and compliance questionnaires compiled by the ICAEW Library.
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The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact firstname.lastname@example.org.
IFRS 2017: Interpretation and application of IFRS standards
Erwin Bakker (2017)
This Wiley guide has been fully updated to help practitioners apply and comply with the latest international financial reporting standards. It provides detailed guidance along with illustrative examples. The chapter on accounting policies, changes in accounting estimates and errors covers:
IAS 8: Accounting policies, changes in accounting estimates and errors. Published by BDO International in the BDO International series of publications - IFRS at A Glance.
Interactive training modules from Deloitte with practical scenarios, worked examples and questions to test your knowledge. Each module is available to download as a zip file free of charge (registration is required).
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