IAS 8: policies, estimates and errors

Plain-English guides to IAS 8, each with a worked example.

IAS 8 covers accounting policies, changes in estimates and errors, and from 2027 the basis of preparation. 1 guide, all free.

1 guide

IAS 8 accounting policies, estimates and errors5 minute readIAS 8 explained: selecting accounting policies, policy changes, changes in estimates, correcting prior period errors, and the IFRS 18 changes from 2027.

About these guides

The guides explain the standard in our own words, with our own examples, and point to the paragraphs they rely on. They are general information, not advice for your situation. Read them alongside the standard itself, and check when your regulator adopts it.