“Ethics in Accounting” Please respond to the following:
•Use the Internet or Strayer online databases to review at least one (1) contingent liability footnote disclosure from a company’s annual report and financial statements. Then, discuss the disclosure(s) and determine whether or not the CFO should record contingent liabilities on the company’s balance sheet. Provide a rationale for your response.
Need this tonight. I’ve looked up a few financial statements but not finding what I need to write in this discussion post.