Synopsis: INTERMEDIATE ACCOUNTING by Kieso, Weygandt, and Warfield is, quite simply, the standard by which all other intermediate accounting texts are measured. Through thirty years and twelve best-selling editions, the text has built a reputation for accuracy, comprehensiveness, and student success.
It would not be considered a change in accounting principle if they become
material and so may be acceptably deferred and amortized. Finally, what if a
company previously followed an accounting principle that was not acceptable?
Or what if ...