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According to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors,
which is the correct accounting treatment to be adopted by a company reporting
under IFRS?
?? Changes in accounting estimates and errors should both be accounted for
retrospectively
?? Changes in accounting estimates and errors should both be accounted for
prospectively
?? Changes in accounting estimates should be accounted for retrospectively and errors
accounted for prospectively
?? Changes in accounting estimates should be accounted for prospectively and errors
accounted for retrospectivelyBPP KIT question 186
why correct answer has been selected D I think that correct answer is B
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