urrent Attempt in Progress Presented below are a number of facts related to Baez, Inc. Assume that no mention of these facts was made in the financial statements and the related notes. Assume that you are the auditor of Baez, Inc. and that you have been asked to explain the appropriate accounting and related disclosure necessary for each of these items. During the year, an assistant controller for the company embezzled $15,000. Baez's net income for the year was $2,300,000. Neither the assistant controller nor the money has been found