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  • IFRB-2021-07


03 Μαρτίου 2021

BDO has released IFR Bulletin 2021/07 summarising the recent amendments to IAS 1, IAS 8 and IFRS Practice Statement 2, issued by the IASB in February 2021. These amendments clarify the distinction between an accounting estimate and an accounting policy and modify IAS 1 to require only the disclosure of material accounting #policy #information rather than significant accounting policies. This IFRB answers a number of questions about the amendments as well as provides numerous examples.