Accumulating effect of changing methods

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Accumulating effect of changing methods

zahid 13456
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12-17-2010, 06:40 PM

AOA!
Actually,your question belongs to IAS 8 of IFRS's.

I think change in inventory calculation methods is change in accounting policy which have retrospective effect.So,you have to adjust all the way from you have started.
(Better consult from IFRS)
Regards.

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Accumulating effect of changing methods - by danjgud - 12-17-2010, 05:45 AM

[No subject] - by zahid 13456 - 12-17-2010, 06:40 PM

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