IAS 8 – Introduction – ACCA Financial Reporting (FR)

Comments

1. Univer@2024 says

   August 7, 2024 at 5:07 am

   Thank you for the videos :
   If I may argue example 2 accounting estimates isn’t number 1 a change in accounting policy coz if it was an estimate wouldn’t that require new information to come through in order to classify as an estimate?

   Log in to Reply

   • SolsAccountant says

     October 19, 2024 at 12:45 pm

     Depreciation is always an estimate because your useful lives and depreciation %s are just a general judgement (for an expense that is non-cash in nature). The example is simply replacing one estimate for another to reflect that the asset’s functionality and productivity is declining throughout it’s useful life.

     Log in to Reply

2. hallyha789 says

   December 12, 2020 at 10:15 pm

   Thank you for these tutorials that explain exactly the meaning of the standard and the effects.

   Log in to Reply

3. moniworld says

   August 17, 2020 at 5:10 pm

   Hi there.
   Thank you for your videos on FR.
   Is there anywhere video for example 1 – error answers?
   Thank you

   Log in to Reply

4. Ambuj11 says

   April 22, 2020 at 9:35 am

   Thanks

   Log in to Reply