ias 8 correction of material prior period errorsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › ias 8 correction of material prior period errorsThis topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 30, 2018 at 6:00 pm #470202 s9mph9w5MemberTopics: 1Replies: 0☆how to correct an error if tax authorities do not allow prior tax re assessments to be re opened August 30, 2018 at 9:23 pm #470219 P2-D2KeymasterTopics: 4Replies: 7034☆☆☆☆☆Hi,In FR we do not need to concern ourselves with what the tax authorities do with the error that we’ve made. We just need to be able to correct the material error retrospectively under IAS 8.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In