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What are interim financial statements

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Reference no: EM132963736

Question -

1. Is change of accounting policy allowed for government agencies?

2. Differentiate current period errors from prior period errors and provide the accounting treatment for each item.

3. What are the limitation for the retrospective restatement of prior period errors?

4. What are interim financial statements?

5. Differentiate Trial Balance from Pre-closing trial balance and Post Closing Trial Balance.

Reference no: EM132963736

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