My CPA Woes
A place to be reminded of the stress that the CPA exam brings with the goal to conquer it!
Monday, October 5, 2015
Liquidation FS Disclosure
Statement that FS is prepared using the liquidation basis
Plan for liquidation
Significant assumptions & methods used to measure assets & liabilities
Expected time frame for completing the liquidation process
Type & amount of costs & income incurred
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