Consider the following accounting changes: What might cause a decrease in the estimated life of depreciable assets? What might cause a decrease in doubtful debts as a percentage of gross receivables?
education
Description
Consider the following accounting changes: What might cause a decrease in the estimated life of depreciable assets? What might cause a decrease in doubtful debts as a percentage of gross receivables? What changes would you expect to see in the financial statements when a gold miner changes from recognising revenue from gold mining when the gold was extracted rather than when gold is delivered? Why might a firm seek to capitalise of a higher proportion of R&D costs?
