Ideally,managers Should Make Accounting Changes Only as a Result of New

Essay

Ideally,managers should make accounting changes only as a result of new experience or information,or due to changes in economic conditions that demand methods of accounting that more accurately reflect such changing conditions.Managers should be attempting to achieve the closest match between reporting and economic reality.
Identify motivations for managers to make accounting changes other than the goal of achieving congruence between reporting and economic reality.