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Discuss the accounting treatment in the financial statement

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Reference no: EM132940674

Questions -

Q1) Discuss the accounting treatment in the financial statements of an involuntary change in accounting policy and of a voluntary change in accounting policy.

Q2) Discuss the accounting treatment for changes in accounting estimate.

Q3) Discuss how a correction of an error in previously issued issued financial statements should be handled.

Reference - Empleo, P. M., & Robles, N. S. (2019). The Philippine Financial Reporting: Conceptual Framework and Accounting Standards (2019 Edition). Millennium Books, Inc.

Reference no: EM132940674

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