Accounting Changes and Error Corrections

Author: Kelen Camehl

This course provides an overview of the accounting and reporting requirements with respect to accounting changes and error corrections.

Note: This course does not contain audio.

Publication Date: June 2016

Topics Covered

• Accounting

Learning Objectives

• List the different types of accounting changes
• Differentiate between the reporting requirements for the different types of accounting changes
• Identify the steps involved in assessing a correction of an error
• Differentiate between the various methods for quantifying a correction of an error
• Recognize the different types of restatements

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
Basic knowledge of accounting principles

Advance Preparation
None