Identify 1 or more articles that discuss how material misstatement or fraud of OTHER LIABILITIES caused financial statements to be materially misstated. The article(s) should be linked or inserted into your response.

2. Summarize the internal controls that failed and how the misstatements were identified.

3. Assume that you are the audit staff assigned to this area. Describe how what you learned would influence what you would look for when auditing the respective balance sheet account(s).

"Credible support" for this discussion includes the article(s) that you chose.

Link the Reference