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ACCOUNTING CHANGES AND ERROR ANALYSIS Changes in accounting principles. They are classified in three possible ways. Describe those ways and give a...

ACCOUNTING CHANGES AND ERROR ANALYSIS

Changes in accounting principles. They are classified in three possible ways. Describe those ways and give a couple of examples of each. Find a company that had a change in an accounting principle recently. Many companies have changes in accounting principles. One way to facilitate this process is to review the Independent Auditors' Report for a company, because a company is required to disclose any material changes in accounting principles there. Briefly summarize anything you found interesting about this company's accounting change(s).

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