Question: Please include the steps you took to find it A company is preparing 2 nd quarter financial statements on June 30 . The company's year-end

Please include the steps you took to find it

A company is preparing 2 nd quarter financial statements on June 30 . The company's year-end is December 31 . The company has been informed of the potential of a suit to be filed against the company related to a price disagreement on a recently completed contract. The company's CFO is wondering what obligation the company has in reporting the contingency on the June 30 financial statements. What guidance is available in the Codification

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