Situation 1:
Accounting changes:
Accounting changes are the alterations made to the accounting methods, accounting estimates, accounting principles (or) the reporting entity.
To identify: The type of accounting change, manner of reporting, effect of change on the
Situation 2:
To identify: The type of accounting change, manner of reporting, effect of change on the balance sheet and income statement, and footnote disclosures of a Company G for the year ended December 31,2016.
Situation 3:
To identify: The type of accounting change, manner of reporting, effect of change on the balance sheet and income statement, and footnote disclosures of a Company in the year January 2016.
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