CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Accounting Policies, Changes in Accounting Estimates and Errors

  • CFF
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • IAP
  • QIAL
  • CFE
Accounting Policies, Changes in Accounting Estimates and Errors

2 Credits


Subject Area


Webinar Qualifies For

2 CPE credit of Auditing for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

IAS 8 prescribes the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates, and corrections of errors. When there is no specific standard that applies to a transaction, other event or condition, IAS 8 requires that Management apply judgment. But just exactly how do you do it?

Guessing will not suffice, nor will management’s insistence on adopting a significant change. Therefore, knowing if the criteria to be applied are acceptable under IAS 8 is critical to satisfying the auditor and management to proceed with changes in accounting policies, changes in accounting estimates and corrections of prior period errors, that do not contradict IFRS.

Key topics covered in the online CPE webinar for CPAs: 

  • Dealing with a change in accounting estimate.
  • Accounting for prior period errors.
  • Examine the guidelines for categorizing items in the financial statements.
  • Handling transactions when there is no specific standard that applies.
  • Review disclosure requirements.

Recommended for:

This Accounting CPE webinar is for accounting professionals and bookkeeping staff interested in learning about fundamental of Accounting, 

Learning Objectives

  • To know the rules for selecting and applying accounting policies.
  • To discuss the rules regarding when an entity can change its accounting policy.
  • To be familiar with financial statement presentation.

Who Should Attend?

  • Auditors
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA


    [average] => 4.0476
    [no_of_record] => 63




Very good webinar. Topics were discussed in depth and in a clear manner.




This webinar was full of information! I really learned a lot. My company has not undertaken any accounting changes since the Lease accounting changed, but you never know when you will need to know these things.




The polling questions, the correct answers were not given on some of them, so you didn't know if you got the answer correct.


lots of good information