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IFRS and Beyond the GFP Form

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what are top four IFRS changes applicable from 1st January 2023 let's recap number one change in is1 related to the notes before they require disclosing significant accounting policies now it's material accounting policies in practice this close last but more relevant information number two is-8 finally brings new definition of accounting estimates and helps us to distinguish between accounting estimates and policies number three is 12 clarified exception related to deferred tax accounting for items like leases and decommissioning liabilities which is great because we were quite confused since the newly standard number four new insurance standard IFRS 17 came in effect mandatorily and that is applicable for non-insurers too for more news like this one follow my profile and like this video thanks

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