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How do disclosures assist the financial statement user

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Discuss why disclosures are important whenever there is a change in accounting method or estimate. To elaborate on this, discuss the following:

a) When is a change acceptable?
b) How do disclosures assist the financial statement user?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Financial Accounting: How do disclosures assist the financial statement user

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