Identify the factors that influence what is reported in the statement of income, statement of comprehensive income,
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Identify the factors that influence what is reported in the statement of income, statement of comprehensive income, and the statement of changes in equity.
LO 2.1: Explain the factors that influence the choice of accounting year-end.
LO 2.2: Explain how changes in accounting estimates, changes due to correction of accounting errors, and changes in accounting policy affect the income and equity statements.
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Related Book For
Intermediate Financial Accounting Volume 1
ISBN: 9781539980674
1st Edition
Authors: Glenn Arnold, Suzanne Kyle, Lyryx Learning
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