Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

The precise amounts of assets and liabilities will not be calculated by the date the annual statement is due. What should I do?

April 26, 2017amounts annual assets calculated liabilities precise

0

Posted

The precise amounts of assets and liabilities will not be calculated by the date the annual statement is due. What should I do?

1 Answer

0

Posted

You should provide your best estimate of total assets and liabilities. When the exact assets and liabilities are known, you should publish a supplemental statement with the correct numbers.