Discussion Post
o What are accounting errors and how they are reported. What are the disclosure requirements for correction of errors. See FASB codification to discuss the disclosure requirements.
o How do you record different types of accounting changes -Change in accounting principles, Change in estimate and Change in Reporting Entity. What is the direct and indirect impact on the financial statements?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.