accountingpolicieschangesinaccountingestimatesanderrors(已修改)
2025-08-30 19:02 本頁(yè)面
【正文】 IAS8 Accounting Policies, Changes in Accounting Estimates and Errors Syllabus A2de 1 Accounting policy ? Accounting policies are the specific principles, bases, conventions, rules and practices applied by an entity in preparing and presenting financial statements. ? If a standard applies to a transaction, follow that IAS or IFRS. ? In the absence of a standard, select a policy that maximises the relevance and reliability of the information presented. 2 Continued ? Required by IAS1 ? It is helpful to make financial information possess the following characteristics: – relevance to the decision making needs of users – reliability ? faithful representation ? substance over form ? neutrality ? prudence ? pleteness 3 Continued ? Changes in accounting policies only if (a) is required by an IFRS。 or (b) results in the financial statements providing reliable and more relevant information about the effects of transactions, other events or conditions on the entity’s financial position, financial performance or cash flows. ? They include the changes in recognition, measurement basis and presentation. 4 Continued ? *Two types of events which do not constitute changes in accounting policy – the application of an accounting policy for transactions, other events or conditions that differ in substance from those previously occurring。 and – the application of a new accounting policy for transactions, other events or conditions that did not occur previously or were immaterial. ? Exception – the initial application of the revaluation method for PPE and intangible asset is not treated as a change in
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