Which of the following is not a change in reporting entity? group of answer choices reporting using comparative financial statements for the first time. changing the companies that comprise a consolidated group. presenting consolidated financial statements for the first time. all are changes in reporting entity.

Reporting using comparative financial statements for the first time

Explanation:

Change in reporting entity is when previously distinct entities come together and jointly present a report. It also occurs when there is a new combination of entities, due to one leaving, a new entity joining or an entity being replaced by another.

When the companies that comprise a consolidated group are changed, this is a change in reporting entity. The same is true of presenting consolidated financial statements for the first time. Consolidated financial statements present financial information of a parent company and its subsidiaries as an entity.

However, comparative financial statements are not a change of reporting entity, they are simply financial reports that present the financial information of more than one period.

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation: