Restating the financial statements of all prior periods

Reference no: EM133611551

A company has included in its consolidated financial statements this year a subsidiary acquired several years ago that was appropriately excluded from consolidation last year. This results in: an accounting change that should be reported prospectively an accounting change that should be reported by retrospectively restating the financial statements of all prior periods presented neither an accounting change nor a correction of an error a correction of an error

Reference no: EM133611551

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