ACCT GOV.+NFP ENTITIES LOOSELEAF W/CONN.
ACCT GOV.+NFP ENTITIES LOOSELEAF W/CONN.
18th Edition
ISBN: 9781260949766
Author: RECK
Publisher: MCG
Question
Book Icon
Chapter 2, Problem 16.12EP
To determine

Identify how the information related to the riskiness of the investments account reported in the balance sheet should be communicated in the financial report.

Blurred answer
Students have asked these similar questions
How should an item of information that helps explain the riskiness of the Investments account reported on the balance sheet be communicated in the financial report?
The subject matter of an attestation can be one of the following Except   a. Financial statements or future projections b. Internal Control c. Risk Assessment d. Bookkeeping or Taxes
Estimated liabilities are disclosed in financial statements by Note to the financial statements. An appropriation of retained earnings. Showing the amount among the liabilities but not extending to the liability total. Appropriately classifying them as regular liabilities in the statement of financial position.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Financial Accounting Intro Concepts Meth/Uses
Finance
ISBN:9781285595047
Author:Weil
Publisher:Cengage
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub