Resources on accounting for estimates.
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors standard tracker
IAS 8 prescribes criteria for the selection of accounting policies. It also clarifies when a change in accounting policy is acceptable and provides guidance on the accounting treatment of such changes, as well as changes in accounting estimates and errors. - IFRS 9 – overview
This factsheet outlines the key requirements of IFRS 9 Financial Instruments, including classification and measurement, and impairment of financial assets. It’s focus is on the non-financial sector. - IFRS 9 Financial Instruments standard tracker
IFRS 9 Financial Instruments sets out the requirements for recognising and measuring financial assets, financial liabilities, and some contracts to buy or sell non-financial items. The standard was published in July 2014 and is effective from 1 January 2018.