discussion 1356
From the SEC’s website (www.sec.gov), access any company’s 10-K from 2016 and review its footnote disclosures related to pending litigation.
Share the following:
Briefly summarize the nature of pending litigation facing the company you selected.
From the auditors’ perspective, what is the primary concern with respect to the disclosure of pending litigation?
From a shareholder’s perspective, what is the primary concern with respect to the disclosure of pending litigation?
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