Imagine if you were the CFO of a company who is actively involved in drilling in a
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Question:
Imagine if you were the CFO of a company who is actively involved in drilling in a remote African town. The neighborhood has shown extreme displeasure at company's actions and they are in the process of launching a lawsuit which could result in severe consequences for the company. Could you identify how those consequences affect the financial statements of the company? What will be your reporting method? Explain your answer in 500 words
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