Handling and executing papers can be tiresome, but it doesn’t have to be. Whether you need help day-to-day or only sometimes, DocHub is here to equip your document-based projects with an extra productivity boost. Edit, comment, fill out, eSign, and collaborate on your Accounting Contract Template quickly and easily. You can modify text and pictures, build forms from scratch or pre-built web templates, and add eSignatures. Due to our top-notch safety precautions, all your information stays secure and encrypted.
DocHub offers a complete set of tools to simplify your paper processes. You can use our solution on multiple systems to access your work wherever and whenever. Enhance your editing experience and save time of handiwork with DocHub. Try it for free right now!
in this video Im gonna show you how to account for a change in accounting estimate so estimates are a big part of accounting managers have to estimate how much bad debt therell be what will be the useful life and salvage value of any property plant equipment what kind of warranty liabilities will the company have and so theyre going to make mistakes because the estimates are gonna be off and so were gonna have to make adjustments and revisions from time to time when we learn that our estimate was not right and so what were gonna do is were gonna use something called prospective application which is basically we just fixed the mistake and we move forward okay so we dont go back and restate the prior periods financial statements if we just learned that oh okay the useful life of this property plant equipment is going to be 20 years instead of 16 years we make the change we figure out what the new depreciation is gonna be and that going forward thats the amount of depreciation we
