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Accounting Changes and Error CorrectionsCode: 24-ACCHANGE
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Course Details
A company's financial statements sometimes report significantly different results from year to year. This may be due to changes in economic circumstances, but it may also be due to changes in accounting methods or corrections of errors in recording past transactions. Changing the accounting method used can have dramatic impact on a company's financial statements. This course covers the accounting, reporting, and disclosures associated with changes in accounting principles (method), estimates, and reporting entities as stipulated in ASC 250‐10‐05, Accounting Changes and Error Corrections: Overall.
Presentation Method: QAS Self-Study
Category: Accounting
CPE credit: 3 Hours
Program Level: Update
Prerequisites: None
Advance Preparation: None
Exam expiration date: Participants must submit exams for grading within one year from the date of purchase