RECOMMENDED!!Provide some examples of accounting estimates
1- Provide some examples of accounting estimates. What is the
“preferred” approach for changes in accounting estimates?
2-What is the proper treatment for reporting a change in
entity?
3-In recent years, the Wall Street Journal has indicated
that many companies have changed their accounting principles. What are the
major reasons why companies change accounting methods?
4-What are changes of accounting principle? Which does FASB
require companies to use?
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