Accounting policy changes arising from an agenda decision of the IFRIC (Potential Amendments to IAS 8) - IASB
Date recorded:
At its meeting on December 13-14, 2017, the IASB discussed transition requirements for Accounting Policy Changes (Amendments to IAS 8). The Board tentatively decided to propose that entities apply the amendments to IAS 8 to voluntary changes in accounting policies, resulting from agenda decisions, which an entity makes on or after the effective date of the amendments.
The Board plans to issue an exposure draft in the first quarter of 2018.
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