How do firms account for changes in accounting estimates and changes in accounting principles? Explain.

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 05:43 AM

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How do firms account for changes in accounting estimates and changes in accounting principles? Explain.

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In general changes in estimate are accounted for using prospective adjustme...View the full answer

Intermediate Accounting

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