Change in Accounting Principle | CPA Exam FAR

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In this video Universal CPA Review breaks down changes in accounting principle. Our two critical questions are "the how" and the when". How is this change being made for financial reporting purposes and what period will the change be made in?

[@harshitasingh3608]

Thanks for including the LIFO to FIFO part! That is extremely important and helpful!

[@HaiLe-rd7ho]

Excellent video. Personally, the topic is very confusing but you make it super clear.

[@universalcpareview]

Glad it was helpful!

[@eyadmasoud641]

You have a good style to deliver the information. Thanks :)
🙂

[@universalcpareview]

Thank you! All of our content follows this method, so come try the course with a free trial!

[@ladev91]

wow, this was so clearly explained. Great job, I get it now.

[@universalcpareview]

🙌 come try the course with the free trial!

[@barah1124]

Change from unaccepted principle to accepted principle? yas or no