Why would a change in accounting policy affect a contractual agreement between a firm and a manager

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Why would a change in accounting policy affect a contractual agreement between a firm and a manager or debtholder?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 02, 2023 06:47 AM

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Why would a change in accounting policy affect a contractual agreement between a firm and a manager

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Many contracts written between the firm and the providers of managerial expertise that is the managers or the providers of debt capital use the output ...View the full answer

Financial Accounting

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