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Irregular Items and Horizontal Analysis

by | Dec 1, 2023 | Posted Questions

Irregular Items and Horizontal Analysis

1. What are examples of irregular items? How does a change
in accounting principles affect the financial statements? Who in the company is
responsible for the application of a change in an accounting principle? Why?

2. What is a horizontal analysis? What is the value in using
horizontal analysis? Why would a company use horizontal analysis? What does
this analysis tell you?
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