Question: What do you mean by accounting policy? Give two examples. Write the provisions of IAS8 related to change in accounting policy. (5 marks) 2.

What do you mean by accounting policy? Give two examples. Write the

What do you mean by accounting policy? Give two examples. Write the provisions of IAS8 related to change in accounting policy. (5 marks) 2. What do you mean by accounting estimate? Give two examples. Write the provisions of IAS8 related to change in accounting estimates. (5 marks)

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SOLUTION 1 Accounting policy refers to the specific principles procedures and guidelines that an organization uses to prepare and present its financial statements Accounting policies are essential bec... View full answer

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(10 marks) (A1, A2, D4) What do you mean by accounting policy? Give two examples. Write the provisions of IAS8 related to change in accounting policy. (5 marks)

(10 marks) (A1, A2, D4) What do you mean by accounting estimate? Give two examples. Write the provisions of IAS8 related to change in accounting estimates. (5 marks)

What do you mean by accounting policy? Give two examples. Write the provisions of IAS8 related to change in accounting policy.

What do you mean by accounting estimate? Give two examples. Write the provisions of IAS8 related to change in accounting estimates. (5 marks)

What do you mean by accounting estimate? Give two examples. Write the provisions of IAS8 related to change in accounting estimates.

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