Assumption of periodicity

Assignment Help Financial Accounting

Reference no: EM131264541

Referring to the Conceptual Framework for Financial Reporting, in one to three sentences explain if changes in accounting estimates and corrections of errors are consistent or inconsistent with the:

a - Assumption of Periodicity

b - Qualitative Characteristic of Faithful Representation, specifically Free from Error

c - Enhancing Quality: Comparability

Reference no: EM131264541

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