week 4 discussion 2

• Chapters 13 in the textbook

Write: Make sure your response addressing the following question is more than 200 words and includes an in-text citation or a brief quote from the reading material where appropriate. You may want to review the Citing Within Your Paper (Links to an external site.) resource from the Ashford Writing Center for proper use of citations.

Discuss the advantages and disadvantages of disclosing gain contingencies for a financial statement user. Why is this information important to the user?