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Discuss the use of negative accruals

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Problem 1: Discuss the use of negative accruals, changes to estimates, and recognizing income before it is earned and their effect on current and future earnings reporting.

Problem 2: Explain how changes in accounting estimates that significantly affect income should be reported.

Problem 3: Should they be regarded as a change in accounting principle?

Problem 4: explain the revenue recognition that the accounting rules violated that brought down the company Sunbeam.

Reference no: EM132834312

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