According to IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors (IASB, 2010a) management should

Question:

According to IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors (IASB, 2010a) management should develop and apply an accounting policy that provides quality information that will be of benefit to users. Outline the main attributes that information resulting from the application of an accounting policy should have.