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Discuss the use of negative accruals

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Question - 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.

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

Should they be regarded as a change in accounting principle?

Explain the revenue recognition that the accounting rules violated that brought down the company Sunbeam.

Reference no: EM132912965

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