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Is the Following Exception Applicable to IFRS or U

Question 24

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Is the following exception applicable to IFRS or U.S. GAAP?"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." Is the following exception applicable to IFRS or U.S. GAAP? 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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