Irregular items-horizontal analysis

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Reference no: EM1363401

1. What are examples of irregular items? How does a change in accounting principles affect the financial statements? Who in the company is responsible for the application of a change in an accounting principle? Why?

2. What is a horizontal analysis? What is the value in using horizontal analysis? Why would a company use horizontal analysis? What does this analysis tell you?

Reference no: EM1363401

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