ias 8
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Cap 6 IAS8
At the international reviewer level this kind of polices and options are circumscribed , with predilection , in the field of application of the letter and the spirit of the IAS 8 norm " The Benefit of the net loss of the period , the fundamental errors and the changes in accounting methods " .
The objective of the norm is to prescribe, the classification of information supplies and the accounting debate of some elements that belongs to the profit or loss account, so that the enterprise assemble can draw up and present a certain financial situation, on a coherent and permanent base.
In this way, it is developed the comparability, in financial situation of the company and, relative at the precedent exercises, and also with the financial situation of other enterprises.
In the first part the norm brings predications on the report "ordinary elements extraordinary elements ", in the presentations of the profit or loss account. This kind of specification have made the object of study in our paragraph that was affected to the presumption of polices of financial situation.
In the second part, the norm presents the accountable debates that were applied to the change in the accounting estimates, the change in the accounting method and the corrections in the fundamental errors.
Changes in Accounted Estimates
Tacking in accounting the inerrant uncertainty in the enterprise activity, the numerous elements of the financial situation can not be evaluated with precision and can make the object only of estimations.
The estimation operation emplace the formulation of judgments based on the last available information .For example can be necessary the estimation of the uncertain (creanta), the duration utility or of the expected consumption rhythm of the future economic advantages purchased by the corporal immobilizations and incorporeal. The entire amortization problem, provision in general, and of the active depreciation in a domain in witch the judgments referring to the estimation occupies a central place...