Select a publicly traded company that had an accounting change during the reporting year. Then,...
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Accounting
Select a publicly traded company that had an accounting change during the reporting year. Then, complete the following:
- Obtain the 10K report of the company for the immediate past year.
- Provide a summary of the corporations primary operations.
- Describe the different sections of the annual report.
- Explain the key items covered in the financial section of the report.
- Discuss the accounting change the entity reported during the year.
- What impact did the change have on the financial statements.
- Describe in your words the note disclosure the corporation made due to the accounting change.
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