What is a change in accounting principle
Question: What is a change in accounting principle? How do you determine if a change in principle should be reported retroactively, currently, or prospectively? How do these changes affect the financial statements?
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Regardless of the country (U.S) or market you are in there is a relationship between BGS.
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What is a change in accounting principle? How do you determine if a change in principle should be reported retroactively, currently, or prospectively?
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