Give an example of when a change in accounting needs to be treated retrospectively. Give an example of when a change in accounting needs to be treated pros

Give an example of when a change in accounting needs to be treated retrospectively. Give an example of when a change in accounting needs to be treated prospectively. Why do you think the FASB requires Give an example of when a change in accounting needs to be treated retrospectively.Give an example of when a change in accounting needs to be treated prospectively.Why do you think the FASB requires these different treatments?2 pages references needed

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