How do accounting changes detract from the informational characteristics of comparability and consistency as described in FASB

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How do accounting changes detract from the informational characteristics of comparability and consistency as described in FASB Concepts Statement No. 2?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 29, 2012 12:04 AM

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How do accounting changes detract from the informational characteristics of comparability and consistency as described in FASB

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Comparability enables users to relate accounting information to a benchmark or standard T...View the full answer

Intermediate Accounting

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