ACCA SBR ^UK Syllabus C. Reporting The Financial Performance Of A Range Of Entities - UK SBR: Accounting policies, estimates and errors - Notes ^{2 / 24}

A change to the cost model when a reliable measure of fair value is no longer available is NOT to be treated as a change of accounting policy.

UK GAAP vs IFRS

No specific guidance is provided on this in IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.