Question
Using the same company you chose in Week 1 and 3, search for a contingent liability within their annual report 10-K. Write a paragraph summarizing
Using the same company you chose in Week 1 and 3, search for a contingent liability within their annual report 10-K. Write a paragraph summarizing one of the liabilities found in the financial statements. Did the company disclose the liability in the footnotes only, or did it recognize the liability in the financial statements? What procedures might the auditors use to search for the contingent liabilities? Also, were there any subsequent events? If so, please describe.
Dont forget to state the company in your post. If your chosen company does not have a continent liability, choose a different company for this assignment. Remember to reference your sources in APA-format.
the company I have chosen is Nvidia
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