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PIN 5.3.3

Where the valuation of an asset or liability is dependent upon the adoption of assumptions or the adoption of a calculation method, any change in the assumptions or methods adopted must be reflected immediately in the value attributed to the asset or liability concerned. The recognition of the effects of changes in assumptions or methods may not be deferred to future reporting periods.


Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]