True/False
IAS 8 Accounting Policies,Changes in Accounting Estimates and Errors requires material prior period errors to be corrected retrospectively,in the period when the error was discovered.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: The treatment of repairs and additions to
Q29: Discuss various measurement rules that can be
Q34: The description of 'probable' in the IASB
Q36: In a previous period Banshee Plc
Q37: IASB 16 states that the cost of
Q38: Financial institutions dealing with investments and other
Q39: A material prior period error in year
Q41: Where the entity presents current assets separately
Q43: Where the entity presents current assets separately
Q55: Which of the following items is not