Disclosure notes related to a change in accounting, Ask an Expert

Accounting

Disclosure notes related to a change in accounting principle under the retroactive approach should include:

1) The effect of thechange on executive compensation.

2) The auditor'sapproval of the change.

3) The SEC's permissionto change.

4) Justification for thechange.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797244

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