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Change In Accounting Principle
An adjustment in the way a company recognizes, measures, presents, or discloses financial information due to a change in accounting policy.
Continuing Operations
The parts of a business expected to continue operating in the foreseeable future, as opposed to segments being discontinued or sold.
Newly Adopted Principle
A recently implemented accounting guideline that a company starts following, which can affect its financial reporting.
Extraordinary Event
An event or transaction that is distinct from the ordinary and typical activities of a business and is both unusual and infrequent.
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