Question: Sanchai Manufacturing has adopted the new standard of revenue recognition because the current one is no longer accepted. What would Sanchai Manufacturing do with regards to this change in their financial reporting? Select answer from the options below The client does not need to disclose the change as it doesn't have a material effect on the comparability of the financial statements. The client needs to prove the effect of the change in their financial reports. The client would account for the change and prepare a note disclosure. The client should inform the auditors verbally about this change.