Solved: Can a company switch back to its prior method of accounting, Accounting Basics

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Can a company switch back to its prior method of accounting

Question:

If a company registered with the SEC justifies a change in accounting method as preferable under the circumstances, and the circumstances change, can that company switch back to its prior method of accounting before the change? Why or why not?

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Accounting Basics: Can a company switch back to its prior method of accounting

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Accounting Basics: Can a company switch back to its prior method of accounting

Reference No:- TGS02026003

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