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In response to
"Can any accountants explain this concept to me like I'm a child? -- (link)"
by
David
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say your year end date was march 31st. The accountants come in and audit and your financial statements might get released once done say June 1st
Posted by
Beaker 🍻 (aka Anniebecca)
Sep 20 '23, 16:58
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but before the audit is done a hurricane sweeps through and destroys half of your buildings.
The subsequent event note would include this.
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Responses:
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