Change in accounting period when return for short year shows an NOL. (net operating loss)(Brief Article)Marchbein, Joe
A. A change from FIFO to LIFO. B. Recording a prior period adjustment. C. A change in the estimated service life of machinery. 相关知识点: 试题来源: 解析 A A change from FIFO to LIFO is a change in accounting principle.反馈 收藏 ...
Under IFRS, a change in accounting estimate is accounted for A. Prospectively in the period of change and future periods. B. As a cumulative effect of an accounting change in the income statement. C. Retrospectively. D. Currently in the financial statements. 相关知识点: 试题来源: 解析 A...
C. An accounting change that should be reported in the period of change and future periods if the change affects both. D. A correction of an error. 正确答案:C 分享到: 答案解析: C is corrent. ASC Topic 250 states that a change in the periods benefited by a deferred cost should be ...
5. Change in Accounting Policies in the Current Consolidated Reporting Period The European stock exchanges on which Fujitsu's shares are listed require that companies from outside the European Union present their financial statements in accordance with International Financial Reporting Standards (IFRS) ...
The effect of a change in accounting principle which is inseparable from the effect of a change in accounting estimate should be reported A. By restating the financial statements of all prior periods presented. B. As a correction of an error. C. In the period of change and future periods ...
C. In the period of change and future periods if the change affects both. D. By showing the pro forma effects of retroactive application. 正确答案:C 分享到: 答案解析: C is corrent. Per ASC 250-10-45-18, the effect of a change in accounting principle which is inseparable from the ef...
If a company changes an accounting policy, the financial statements for all fiscal years shown in a company’s financial report are presented, if practical, as if the newly adopted accounting policy had been used throughout the entire period; this retrospective application of the change makes the...
The changes only affect the period of change in accounting estimates 翻译结果4复制译文编辑译文朗读译文返回顶部 Accounting estimates of the change will only affect change when the 翻译结果5复制译文编辑译文朗读译文返回顶部 Accountant estimated the change only affects the change to work as time ...
【答案及解析】C A change in accounting principle requires retrospective application; that is, all prior period financial statements currently presented are restated to reflect the change. 【核心词汇】:Nonrecurring item:不可再生项目 是指未来将终止经营的项目。其收益不应包含在公司可持续收益一中。