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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › List IFRS ?
Hi,
Do we need to name the IFRS standard & number in the exam when answering a question ?
For example would both the below get the same marks ?
“IAS 8 Accounting Policies, Changing in Accounting Estimates and Errors only permits a change in accounting policy if it is required by the IFRS or results in information being more reliable & relevant”
“The IFRS only permits a change in accounting policy if required by the IFRS or results in information being more reliable & relevant”
Thanks
No, this is not necessary. Please see following thread-
https://opentuition.com/topic/sbr-ias-ifrs-standard-do-we-need-to-write-it-out-in-full/
Hope this helps.