When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except: a. Period covered by the financial statements b. The reason for using a longer or shorter period c. The fact that amounts presented in the financial statements are not entirely comparable d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except: a. Period covered by the financial statements b. The reason for using a longer or shorter period c. The fact that amounts presented in the financial statements are not entirely comparable d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports On Financial Statements
Section: Chapter Questions
Problem 45RSCQ: The accounting and auditing literature discusses several different types of accounting changes. For...
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When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except:
a. Period covered by the financial statements
b. The reason for using a longer or shorter period
c. The fact that amounts presented in the financial statements are not entirely comparable
d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
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