ObtainLVMH(Moet Hennessy - Louis Vuitton)'s 2010 annual report using the ''Investor Relations'' portion of its website (do
Question:
ObtainLVMH(Moet Hennessy - Louis Vuitton)'s 2010 annual report using the ''Investor Relations'' portion of its website (do a web search for Moet Hennessy - Louis Vuitton investor relations).
Required:
1. Did LVMH report any changes in accounting principle between 2008 and 2010? If so, describe the reason for the change in principle and the how LVMH accounted for this change.
2. What is LVMH's policy regarding the use of estimates?
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1 LVMH made a change in its policy of accounting for advertising and promotional expenses due to an ...View the full answer
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Related Book For 
Intermediate Accounting Reporting and Analysis
ISBN: 978-1111822361
1st edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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