BC9 The previous paragraph notes the need for comparability. Ideally, a regime for first‑time adoption of IFRSs would achieve comparability:

(a) within an entity over time;

(b) between different first‑time adopters; and

(c) between first‑time adopters and entities that already apply IFRSs.

BC10 SIC‑8 gave priority to ensuring comparability between a first‑time adopter and entities that already applied IASs. It was based on the principle that a first‑time adopter should comply with the same standards as an entity that already applied IASs. However, the Board decided that it is more important to achieve comparability over time within a first‑time adopter’s first IFRS financial statements and between different entities adopting IFRSs for the first time at a given date; achieving comparability between first‑time adopters and entities that already apply IFRSs is a secondary objective.