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An organization looking to expand globally in markets outside of the US can do via foreign direct investment. One of the risks an organization assumes
An organization looking to expand globally in markets outside of the US can do via foreign direct investment. One of the risks an organization assumes is the risk of expropriation of assets due to civil unrest or changes in the local government. Due to labor and revenue disagreements, government officials has taken control of key investment assets located in the country. Management can estimate the amount of loss that will occur if a foreign government expropriates some company assets. If expropriation is reasonably possible, then a loss contingency should be Accrued as a liability but not disclosed Disclosed but not accrued as a liability Neither accrued as a liability nor disclosed. O Disclosed and accrued as a liability
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