2021年第一學期澳洲注冊會計師考試FR《財務報告》練習題：In preparing the 20X4 financial statements of Medal Ltd (Medal), there was a voluntary change of accounting policy in relation to inventories. The accountant for Medal noted that this change would not require any adjustment in the financial statements for the reporting period ending on 30 June 20X4. However, the accountant considered that the change in accounting policy would have a material effect on the subsequent reporting period. In accordance with IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors, which one of the following actions should be taken when preparing the financial statements for the year ended 30 June 20X4?

In preparing the 20X4 financial statements of Medal Ltd (Medal), there was a voluntary change of accounting policy in relation to inventories. The accountant for Medal noted that this change would not require any adjustment in the financial statements for the reporting period ending on 30 June 20X4. However, the accountant considered that the change in accounting policy would have a material effect on the subsequent reporting period. In accordance with IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors, which one of the following actions should be taken when preparing the financial statements for the year ended 30 June 20X4?

A No information about the accounting policy change needs to be disclosed.

B Disclosure of the nature and reason for the change and its estimated financial effect in the subsequent reporting period.

C Disclosure of the nature and reason for the change and that no adjustments were recognised in the 20X4 financial statements.

D Inclusion of a note stating that an accounting policy had been changed but no adjustments were required in the 20X4 financial statements.

【答案】C

【解析】The correct answer is Option C. Refer to IAS 8, para. 29, which requires the amount of the adjustment to be provided for current reporting periods.

Option A is incorrect. IAS 8, para. 29 requires disclosure of information about the accounting policy change where the accounting policy change might have an effect on current, prior or subsequent reporting periods.

Option B is incorrect. IAS 8, para. 29 does not require an 

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