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firms are not required to disclose information for years subsequent to a change, even when the impacts of the change span multiple years. Should companies
firms are not required to disclose information for years subsequent to a change, even when the impacts of the change span multiple years.
- Should companies be expected to report the impact of changes expected in subsequent years, especially if they have multiperiod impacts? Why or why not?
- Would multiperiod disclosure of accounting changes be useful to investors and other users? Why or why not?
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