The financial statements of M S (GBR) are presented in Appendix A The complete annual report, including the notes to the financial statements, is available online Instructions Refer to M S 's financial statements and the accompanying notes to answer the following questions a Were there changes in a...

a According to note 1 accounting policies new standards adopted by the Group there hav ...

The financial statements of M&S (GBR) are presented in Appendix A. The complete annual report, including the

Question:

The of M&S (GBR) are presented in Appendix A. The complete annual report, including the notes to the is available online.
Instructions
Refer to M&S's and the accompanying notes to answer the following questions.
a. Were there changes in accounting policies reported by M&S during the two years covered by its income statements (2015-2016)? If so, describe the nature of the change and the year of change.
b. What types of estimates did M&S discuss in 2016?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...