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International Accounting Standards (IAS)
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| U.S. GAAP | IFRS, IAS | Accounting Topics |
International Accounting Standard (IAS) 8
Accounting Policies,
Changes in Accounting Estimates and Errors
International Financial
Reporting Standards (IFRS) |
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International Accounting
Standards (IAS) |
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U.S. GAAP by Topic,
Securities Law Library,
U.S. Tax Code by Section |
| International Accounting Standard (IAS) 8 |
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IAS 8
Accounting
Policies, Changes in Accounting Estimates and Errors IAS 8 first issued in February 1978 IAS 8 revised with a new title in December 2003 Recent amendment: by IAS 1 revised in September
2007 |
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Change in accounting policy --> applied retrospectively |
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Change in an accounting estimate --> applied prospectively |
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Correction of prior period errors --> retrospective restatement of financial statements |
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IAS
8 Technical Notes |
