accounting changes income
 

* 1.The difference between the amount of retained earnings at the beginning of the period in which a change in accounting has occurred and the amount of retained earnings that would have been reported, net of applicable taxes, at that date if the new accounting had been applied retroactively for all applicable periods. (BTS4)

English Related Words* accepted principles of accounting

* accounting

* accounting books

* accounting classification

* accounting cost

* accounting data

* accounting department

* accounting earnings

* accounting entry

* accounting estimate

* accounting exposure

* accounting file

* accounting firm

* accounting for

* accounting for inventories