Financial reporting specialist and lecturer Adam Deller explains the basic principles of IAS 8, Accounting policies, estimates and errors, in this short video.
This is the latest in a series setting out the fundamentals of some of the trickier financial reporting concepts. Other topics covered in this series are:
IAS 10, Events after the Reporting Period
IAS 19, Pensions
IAS 20, Government Grants
IAS 36, Impairment of Assets
IAS 37, Provisions, Contingent Liabilities and Contingent Assets
IAS 40, Investment Property
IFRS 5, Non-current Assets Held for Sale and Discontinued Operations
IFRS 8, Segmental reporting
IAS 38, Intangible Assets
IFRS 2, Share-based payment
IFRS 16, Leases
Find more on AB’s YouTube channel.
