Obtain LVMH (Moet Hennessy 2 Louis Vuitton) s 2017 annual report using the Investor Relations portion of
Question:
Obtain LVMH (Moet Hennessy 2 Louis Vuitton)’ s 2017 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 or estimate in 2017? If so, describe the reason for the change and the how LVMH accounted for this change.
2. What is LVMH’s policy regarding the use of estimates?
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1 LVMH did not disclose any changes in accounting principles or estimates in its ...View the full answer
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Related Book For 
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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