Question
Could someone help me answering question 9 for the case regarding ''Growing Pains at Groupon''? Questions is: 9. Groupon's management needed significant cash to fund
Could someone help me answering question 9 for the case regarding ''Growing Pains at Groupon''?
Questions is:
9. Groupon's management needed significant cash to fund its growth. It had three options:
(A) seek private investment, (B) sell the company to Yahoo! or Google, or (C) go public.
a. Contrast the financial reporting challenges across the three options.
b. In March 2012, Groupon's auditors noted a material weakness in the company's
internal controls related to '' deficiencies in the financial statement close process.''
Would this disclosure have been made if Groupon had chosen options (A) or (B)?
I can't upload the case itself because I get an error when trying to upload a pdf file. The case is also mentioned in this question: https://www.coursehero.com/tutors-problems/Accounting/9195808-Hello-Can-you-please-help-me-answer-question-5-in-the-Groupon-case-stu/
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