PCAOB on Evaluating Consistency of Financial Statements Flashcards
1
Q
What affects consistency?
A
1) Changes in accounting principles
2) Restatements
any inconsistency requires an explanatory paragraph
AUD > PCAOB on Evaluating Consistency of Financial Statements > Flashcards
What affects consistency?
1) Changes in accounting principles
2) Restatements
any inconsistency requires an explanatory paragraph