Change in accounting estimate

by Richard C. Wilson on November 18, 2011

Below please find a definition of “Change in accounting estimate”

Financial Analysis Training & Glossary TermsDefined Term – Change in accounting estimate: In the accounting world, financial estimates are made with respect to depreciable assets, bad debts expense and monthly expenses. When there is a need to change these estimates, the change affects not only the current periods but also the future periods. This condition is termed as change in accounting estimate.

Fast Financial Training If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity.  All of these programs are offered on http://BusinessTraining.com

Return to Glossary:  Read More Financial Analysis Glossary Terms

Tags: What is change in accounting estimate, Define change in accounting estimate, Meaning of change in accounting estimate, Change in accounting estimate definition, Change in accounting estimate examples, Change in accounting estimate analysis

Comments on this entry are closed.

Previous post:

Next post: