Choose all the correct options

Question

If an accounting change has no material effect on the financial statements in the current year

Accepted Answer

Disclosed in the notes to the financial statements of the current year.

Answer

Treated as a consistency modification in the auditor's report for the current year.

Answer

Disclosed in the notes to the financial statements and referred to in the auditor's report for the current year.

Answer

Treated as a subsequent event.

If an accounting change has no material effect on the financial statements in the current year, but the change is reasonably certain to have a material effect in later years, the change should be: