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1. Within the financial statements how will management use the financial statements to mitigate their risk as it pertains to their current liabilities? Who else
1. Within the financial statements how will management use the financial statements to mitigate their risk as it pertains to their current liabilities? Who else will be focused on them and why?
2. What are contingent liabilities and why is management and others concerned about them?
3. Provide examples of non-current liabilities and how do them impact the firm and how are they reflected in the financial statements.
4, Provide examples of information provided by the financial statements other than the actual dollar amount.
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