(a) Distinguish between accounting policies and accounting estimates. (b) Explain how a change in an accounting policy...
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(a) Distinguish between accounting policies and accounting estimates.
(b) Explain how a change in an accounting policy should be accounted for.
(c) Explain how a change in an accounting estimate should be accounted for.
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Accounting estimates are monetary amounts in financial statements that are s...View the full answer
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Related Book For 
International Financial Reporting A Practical Guide
ISBN: 978-1292200743
6th edition
Authors: Alan Melville
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