Need to know — IASB proposes more changes to IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors'
Published on:
29 Mar, 2018
![Need to know — IASB proposes more changes to IAS 8 'Accounting Policies, Changes in Accounting Estimates and Errors Image]()
The International Accounting Standards IASB (the IASB) has proposed amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors that would introduce a new, lower, threshold to getting relief from having to account for a change in accounting policy fully retrospectively, when that change is a consequence of an agenda decision issued by the IFRS Interpretations Committee.
The proposal is set out in a recent Exposure Draft (ED) 2018/01. This Need to know explains the proposals.
