Indicate the alternatives allowed under IFRS (International Financial Reporting Standards), in reporting the discovered error which is impracticable for the application of the retrospective adjustment method. Indicate the alternatives allowed under GAAP (Generally Accepted Accounting Principles), in reporting the discovered error which is impracticable for the application of the retrospective adjustment method.

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Chapter 22, Problem 20GI

To determine

Indicate the alternatives allowed under IFRS (International Financial Reporting Standards), in reporting the discovered error which is impracticable for the application of the retrospective adjustment method.

Indicate the alternatives allowed under GAAP (Generally Accepted Accounting Principles), in reporting the discovered error which is impracticable for the application of the retrospective adjustment method.

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