Question
Assume they do go public and are registered with the SEC. If CMC justifies a change in accounting method as preferable under the circumstances, and
Assume they do go public and are registered with the SEC.
If CMC justifies a change in accounting method as preferable under the circumstances, and the circumstances change, can they switch back to the prior method of accounting before the change? Why or why not?
How do IFRS differ from GAAP regarding accounting changes? Are there any major issues
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Advanced Financial Accounting An International Approach
Authors: Jagdish Kothari, Elisabetta Barone
1st Edition
0273712748, 978-0273712749
