ACCT 309 6-1 Discussion Article Review Reporting Accounting Changes and Their Multi-period Effects.d - 6-1 Discussion Article Review\"Reporting

ACCT 309 6-1 Discussion Article Review Reporting Accounting Changes and Their Multi-period Effects.d

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6-1 Discussion: Article Review: "Reporting Accounting Changes and Their Multi-period Effects"Should companies be expected to report the impact of changes expected in subsequent years,especially if they have multiperiod impacts? Why or why not?
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purposes. Therefore, as investors, they not only would like to know the results they see, alsowhere and how those results come from. Might be one change does not matter in current, but forthe multi-periods the impact is long and profound. Hence the more investors know, the more thatthey can make an appropriate and good decision. Second, because changing an accounting principle is different from changing anaccounting estimate or reporting entity. Accounting principles impact the methods used, whereas
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