Why would an accounting estimate change and how is the change accounted for?

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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Question Posted: Apr 08, 2024 09:00 AM

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Why would an accounting estimate change and how is the change accounted for?

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An accounting estimate may need revision if changes occur in the circumstances on which th...View the full answer

Financial Reporting

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