Explain the difference between retrospective application of a change in accounting policy andprospective application of a change
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If an IFRS requires an entity to change an accounting policy the entity must account for that change as set out in the specific transitional provision...View the full answer
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Related Book For 
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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