The financial statements of M&S (GBR) are presented in Appendix A. The complete annual report, including the
Question:
The financial statements of M&S (GBR) are presented in Appendix A. The complete annual report, including the notes to the financial statements, is available online.
Instructions
Refer to M&S's financial statements and the accompanying notes to answer the following questions.
a. Were there changes in accounting policies reported by M&S during the two years covered by its income statements (2015-2016)? If so, describe the nature of the change and the year of change.
b. What types of estimates did M&S discuss in 2016?
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Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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