In recent years, the Wall Street Journal has indicated that many companies have changed their accounting principles. What are the major reasons why companies change accounting methods? Provide an example of a company that have changed their accounting methods in recent years and explain why.

In recent years, the Wall Street Journal has indicated that many companies have changed their accounting principles. What are the major reasons why companies change accounting methods? Provide an example of a company that have changed their accounting methods in recent years and explain why.

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter5: Corporate Ethical Governance & Accountabililty

Section: Chapter Questions

Problem 19.4EC

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In recent years, the Wall Street Journal has indicated that many companies have changed their accounting principles. What are the major reasons that companies change accounting methods?
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