Summarize an article about a publicly traded company that has been cited, fined, or charged with fraud
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Question:
Summarize an article about a publicly traded company that has been cited, fined, or charged with fraud (or other issues) due to improper accounting of contingent liabilities.
Include a link to the article.
Explain the primary rules that determine when there is a need to report a contingent liability.
Pose one question about accounting for contingent liabilities.
Related Book For
Forensic Accounting and Fraud Examination
ISBN: 978-0078136665
2nd edition
Authors: William Hopwood, george young, Jay Leiner
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