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prospective

Prospective application of a change in accounting (a) applying the new accounting policy to transactions, other events and conditions occurring after the date as at which the policy is changed; and (b) recognising the effect of the change in the accounting estimate in the current and future periods affected by the change.

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Industry/Domain: Religion Category: Christianity

Orthodox church

Also known as the Eastern Orthodox or (incorrectly) the Greek Orthodox church, the chief form of Christianity and the official religion of in the ...