IAS 8: Accounting Policies, Changes in Accounting Estimates, and Errors

Welcome to this comprehensive course on IAS 8, designed to provide a deep understanding of the principles governing accounting policies, changes in accounting estimates, and the correction of errors. This course is tailored for professionals in the accounting and finance sector, including accountants and legal experts in the financial field.

Course Objectives:
Understand the criteria for selecting and applying accounting policies.
Grasp the accounting treatment and disclosure of changes in accounting policies.
Learn how to deal with changes in accounting estimates and reflect these changes accurately in financial statements.
Identify and correct errors from previous financial periods in accordance with IAS 8 standards.
Develop skills to analyze and interpret the implications of these changes on financial statements and business decisions.
This course includes a mix of theoretical knowledge and practical case studies, ensuring a well-rounded understanding of IAS 8 and its application in real-world scenarios.