User Account

All Pages

Briefly summarize the nature of pending litigation

Assignment Help Accounting Basics
Reference no: EM131619003

Question: Attorney Letters and Litigation-Internet Exercise. From the SEC's website ( www.sec.gov ), access any company's 10-K and review its footnote disclosures related to pending litigation.

Required: a. Briefly summarize the nature of pending litigation facing the company you selected.

b. From the auditors' perspective, what is the primary concern with respect to the disclosure of pending litigation?

c. Identify the responsibility of the company, the auditor, and its attorneys with respect to the presentation and disclosure of this pending litigation.

d. What information included in the disclosure you selected would have been included in attorney letters? What is the attorney's responsibility with respect to this information?

Reference no: EM131619003

Questions Cloud

What is the final velocity of the space shuttle : What is the final velocity of the space shuttle after a vertical takeoff of 2 minutes with exhaust velocity.
What is dole fiscal year-end : Subsequent Events-Internet Exercise. The following subsequent event was disclosed in Dole Food Company 's 2009 annual report: Note 24 Subsequent Event.
Provide a description displaying your understand : Provide a description displaying your understand of four research terms within the chapter that are new to your understanding of quantitative research.
How does the court fund these initiatives : Determine how these programs affect the other parts of the criminal justice system-the police, corrections, or juvenile justice?
Briefly summarize the nature of pending litigation : Attorney Letters and Litigation-Internet Exercise. From the SEC's website ( www.sec.gov ), access any company's 10-K and review its footnote disclosures.
Is it possible to believe in both science and christianity : Your task is to create argument for both sides of debate. Is it possible to believe in both science and Christianity? Is Buddhism truly compatible with science?
Thermal neutron absorption cross section for natural uranium : Calculate the macroscopic thermal neutron absorption cross section for natural uranium.
Piston cylinder device increases : The pressure of 32 litres air in a piston cylinder device increases from 10 kPa to 20 kPa in a polytrophic process (n=0.25).
What is the auditors responsibility in omitted procedures : Omitted Procedures and Subsequently Discovered Facts-Internet Exercise. From the "Inspections" section of the PCAOB's website, access the most recent.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd