New Research topic 3

[@PersisBenjamin]

Should the RAP focus on one particular regulatory change or few changes?

[@bscappliedaccounting7796]

I woudl suggest focussing on one particular regulatory change

[@PersisBenjamin]

@@bscappliedaccounting7796 Thank you

[@shubhamshah9546]

Can i write on the evaluation of applicability of first time adoption of IFRS in a single company by comparing the effect on income statement before IFRS and after IFRS?

[@bscappliedaccounting7796]

Yes that would be acceptable

[@marthasunmboye4490]

can i consider moe than one regulatory change. or i have to focus on one.

[@bscappliedaccounting7796]

Hi, if the changes are related then you might look at two. usually students consider one change. The Information Pack (page12) says that you must consider the financial performance without the change, and then the financial performance having applied the change to the same period. It is a before and after analysis. Considering two changes may mean you run out of word count.

[@marthasunmboye4490]

Thank you i completely under.stand. another question for the regulatory change, it should have been enacted latest 1 January 2021 ? considering am submitting my project may 2024@@bscappliedaccounting7796

[@babarfarooqchaudhary9368]

@@bscappliedaccounting7796 Hi, My question is regarding topic 3. I have scenario in which a change has been imposed in the results of last two years (2022 and 2023), in the 3rd last year (2021) there was no regulatory change, so can I consider 2021 as financial performance without change and 2022 and 2023 as financial performance having applied the change? Is it mandatory as mentioned in the info pack that financial performance before and after application of change should of same (one) accounting period. i.e., if we select FY 2022 then both scenarios will bee needed to be applied on the FY 2022

[@bscappliedaccounting7796]

@@babarfarooqchaudhary9368 Yes - that seems acceptable. Please explain your approach in your report - when explaining your choice of company.

[@marthasunmboye4490]

is it acceptable to write on a regulation change within my country- Nigeria not the UK

[@bscappliedaccounting7796]

Yes, that's fine

[@uyangaurgaa]

Hello, I have a question about the period. It is stated that the change should be introduced in the last three year period. Does it mean that the change should have been occurred in either of 2020, 2021 and 2022?

[@bscappliedaccounting7796]

Yes the change should have happened in the last 3 years.