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Deepwater Horizon On April 20, 2010, an oil rig in the Gulf of Mexico off the coast of Louisiana call the Deepwater Horizon had a
Deepwater Horizon
On April 20, 2010, an oil rig in the Gulf of Mexico off the coast of Louisiana call the Deepwater Horizon had a blowout. The rig was owned by British Petroleum and operated by Transocean.
- At the time it filed its 2010 financial statements, how many civil lawsuits was BP facing as it relates to the Gulf of Mexico oil spill?
- In your own words, describe the contingent asset discussed in Note 44 to the financial statements.
- If BP management contacted you in 2011 asking you to conduct its audit, what factors would you consider? Would you take the job?
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A Standardized Financial Statement Auditing Framework For The Cloud Ecosystem Standards Principle Rules Volume 1
Authors: Cpa Citp Kilby
1st Edition
1636612237, 978-1636612232
