Explain importance of reviewing for contingent liabilities


Assignment: Contingent Liabilities and Subsequent Events Presentation

You and your team have completed your fieldwork and have a handful of other considerations before you compete the audit and issue your report. These activities are designed to ensure nothing significant has occurred between the completion of your fieldwork and the issuing of the audit report. You are assigned as a senior on the staff, in line to be promoted to manager, to instruct the other staff on the importance of considering contingent liabilities, letters from client lawyers, and subsequent events.

Create a 10 to 12 slides presentation for the staff.

1) Explain the importance of reviewing for contingent liabilities and subsequent events.

2) Describe the requirements for reviewing for contingent liabilities and subsequent events.

Format your assignment according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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