IFRS Foundation issues guide on accounting policies
21 Nov 2019
The IFRS Foundation has issued, ‘Guide to Selecting and Applying Accounting Policies — IAS 8’.
This guide explains how to apply the three-step process to developing accounting policies by using material and examples that have been discussed by the IASB or IFRS Interpretations Committee.
For more information, see the press release on the IASB’s Web site.