About this document
Accounting Policy Changes Explained by Makoy Bixenman is a document available to read on EtoBox.
This document discusses accounting policies, changes in accounting policies, and changes in accounting estimates. It defines accounting policies as principles, bases, conventions, rules and practices applied in preparing financial statements. A change in accounting policy is applying a new acceptable policy, while a change in estimate is adjusting assets/liabilities due to reassessing expected benefits/obligations. The effect of a policy change is generally applied retrospectively, while an estimate change
- Author
- Makoy Bixenman
- Language
- EN