Two types are the accounting principle change and accounting estimate change. Although both are considered accounting changes, the two are different. An accounting principle change occurs when a ...
Luis Alvarez / Getty Images Accounting principles are rules that companies must follow when they report their financial data. These guidelines ensure that the data reported is complete ...
non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial statements created using these principles are filed on a ...