- Joined
- Feb 22, 2021
- Messages
- 1
- Reaction score
- 0
- Country
Hi all,
I am currently working on an assignment with financial statements from 2012-2020. However, prior to 2016, the company reported their financial statements with a fiscal year of 15 months (switched to calendar years). How do I adjust the COGS etc. from 15 months to 12 months? I have access to information regarding the calendar year net sales for the years 2012-2020 but not COGS and other expenses.
Thank you!
I am currently working on an assignment with financial statements from 2012-2020. However, prior to 2016, the company reported their financial statements with a fiscal year of 15 months (switched to calendar years). How do I adjust the COGS etc. from 15 months to 12 months? I have access to information regarding the calendar year net sales for the years 2012-2020 but not COGS and other expenses.
Thank you!