Corrections of Errors
      1. Are error corrections considered to be accounting changes?
      2. How are errors defined?
      3. How are corrections of errors in financial statements of past periods reported in the current period?
      4. How would a change from  an unaccepted accounting principle to an accepted accounting principle be reported in the financial statements?
      5. Once errors in previous years' financial statements are discovered, should the errors be corrected before being issued again?  Discuss.

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