Both IFRS and GAAP allow that if determining the effect of a change in accounting principle is

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Both IFRS and GAAP allow that if determining the effect of a change in accounting principle is considered impracticable, then a company should report the effect of the change in the period in which it believes it practicable to do so.

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Posted Date: Dec 12, 2020 01:26 AM

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Both IFRS and GAAP allow that if determining the effect of a change in accounting principle is

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Intermediate Accounting

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