Question Eleven i. Explain the objectives and scope of IPSAS 3 ii. According to the standard, identify what constitutes a change in accounting policy and state what does not constitute a change in accounting policy. iii. Under what conditions is a change in policy allowed iv. State five disclosure requirements for voluntary change in policy v. Comp

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Question Eleven i. Explain the objectives and scope of IPSAS 3 ii. According to the standard, identify what constitutes a change in accounting policy and state what does not constitute a change in accounting policy. iii. Under what conditions is a change in policy allowed iv. State five disclosure requirements for voluntary change in policy v. Compare IPSAS 3 and IAS 8

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