Question

Obtain LVMH (Moet Hennessy 2 Louis Vuitton)’s 2013 annual report using the “Investor Relations” portion of its website (do a web search for Moet Hennessy 2 Louis Vuitton investor relations).
Required:
1. Did LVMH report any changes in accounting principle between 2011 and 2013? If so, describe the reason for the change in principle and the how LVMH accounted for this change.
2. What is LVMH’s policy regarding the use of estimates?


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  • CreatedOctober 05, 2015
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