2023 TOPIC C posted Thursday Consider this example of the Full Disclosure | Assignments Online
2023 TOPIC C posted Thursday Consider this example of the Full Disclosure | Assignments Online
Assignments Online 2023 Business Finance
TOPIC C – posted Thursday
Consider this example of the Full Disclosure principle:
A train derails and causes significant personal and property damage. At year end, claims are still being filed by the injured parties and there are quite a few lawsuits asking for outrageous money.
1) Would you accrue a “contingent” liability for any of the probable payouts in the future?
2) How would you go about estimating the potential liability from this incident?
3) The Footnotes to the financial statements are also a form of disclosure. Should any amount not be accrued and only disclosed in the footnotes?
3) Why bother?
Assignmentsonline.org help students to solve their assignment in the best possible manner. In the assignment help industry, we are regarded as one of the best helpers for students’ tasks in all subjects. We provide solutions to students from all corners of the world, but the main focus is from students residing in the US, UK, and Australia. Our primary focus is solving student assignments for all subjects and streams.
Place Order NOw
Assignment online is a team of top-class experts whose only goal is to give you the best assignment help service. Follow the link below to order now...
#write essay #research paper
