Research how fasb and ifrs treat changes in accounting

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Question 1: Research how FASB and IFRS treat changes in accounting estimates and errors. What do they have in common? What is different? Do not forget to note your source and include the complete library website or document number.

Question 2: This week we have seen what important information a statement of cash flows can provide for managers as well as external users. What could be the result if a falsely prepared statement of cash flows was provided as a part of a loan application by a company seeking a loan from the local bank?

Reference no: EM133507340

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