When there is a change in the classification of a significant foreign operation an enterprise should...........

Accountancy (Phase -I & II) Accounting standards

When there is a change in the classification of a significant foreign operation, an enterprise should disclose:

the nature of the change in classification;

the reason for the change;

the impact of the change in classification on shareholders’ funds; and

All of the above mentioned

When there is a change in the classification of a significant foreign operation, an enterprise should disclose:

the nature of the change in classification;
the reason for the change;
the impact of the change in classification on shareholders’ funds; and
the impact on net profit or loss for each prior period presented had the change in classification occurred at the beginning of the earliest period presented.