When deciding to disclose an accounting policy used by the entity in a note, following the Technical Pronouncement CPC 26 - R1 (2011), the manageme...

When deciding to disclose an accounting policy used by the entity in a note, following the Technical Pronouncement CPC 26 - R1 (2011), the management of an entity must consider:

if the amounts associated with previous periods and the current one are monetarily updated.
if the Accounting Pronouncements Committee (CPC) requires disclosure in its technical pronouncements, guidelines, and interpretations.
if competitors usually disclose the accounting policy in question.
if the regulatory bodies related to the entity require disclosure.
if disclosure will provide users with a better understanding of how transactions are reflected in the reported performance and financial position.
a. if the Accounting Pronouncements Committee (CPC) requires disclosure in its technical pronouncements, guidelines, and interpretations.