I saw these reports on internal control over financial reporting on the Mylan annual reports. Management stated DELOITTE & TOUCHE LLP stated 2014 management has concluded that the our report dated March 2, 2015 expressed an Company maintained effective internal unqualified opinion on the Company's internal control over financial reporting as control over financial reporting. of December 31, 2014 2015 management has concluded that the our report dated February 15, 2016 expressed Company maintained effective internal an unqualified opinion on the Company's control over financial reporting as internal control over financial reporting of December 31, 2015 2016 Company maintained effective internal our report dated March 1, 2017 expressed an control over financial reporting as unqualified opinion on the Company's internal of December 31, 2016 control over financial reporting Required: Look at the press release and reports on internal control over financial reporting. We don't know anything other than what is reported in the press release, so let's take the information as an adequate representation. 1. What would have been the financial affect of accruing the loss? Why might Mylan have been reluctant? Consider two constituencies: the reaction by investors and the reaction of plaintiffs. 2. What processes might should be place to review for lawsuits that might need accruing? If they did, how does an internal control get overridden or bypassed? COSO has this to say about a preferred process: Reviewing the completed financial reporting checklist (which is periodically updated for changes in financial reporting rules and standards) to ascertain that material presentations and disclosures have been prepared in accordance with Generally Accepted Accounting Principles