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is a technique for analyzing the percentage change in individual financial statement items from one...

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Accounting

is a technique for analyzing the percentage change in individual financial statement items from one year to the next. The first period in the analysis is considered the base, and the changes to subsequent periods are computed as a percentage of the base year. If more than two periods are presented, each period's changes are computed as a percentage of the preceding period. This technique will not work for small, immaterial frauds

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