Provide an example of a judgement made in preparing the financial statements that can lead toestimation uncertainty

Question:

Provide an example of a judgement made in preparing the that can lead toestimation uncertainty at the end of the reporting period. Describe the disclosures that would berequired in the notes.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...