change in accounting estimates

Look at page 111 – it would not be merely because something is a change in accounting estimate – it would have to be not only material but have high estimation uncertainty – and meet the definition of a KAM at the bottom of the page. If the change did not require significant audit attention, I suppose it could be an EoM but I am struggling to think of a change in estimate that would merit the reader’s attention. Perhaps a change in accounting policy from cost model to revaluation model on material properties might – but that is change in policy not change in estimate.

Remember the EoM is drawing to the readers’ attention something really important that is essential to their comprehension of the financial statements – so, for example, when used to draw attention to an event after the reporting date which destroyed assets it saying “when analysing the company’s financial performance and position at the reporting date you should be aware that such-and-such assets no longer exist ,,,,”

You would have to tell me what change in accounting estimate you have in mind that you think would merit the special attention of either a KAM or EoM.