Assignment: Concept of Contingent Liabilities

1. In a 2-3 page paper summarize the concept of contingent liabilities.

1. Discuss the difference between contingent and estimated liabilities.
2. Identify the complexity of reporting contingent liabilities and the possible impact on the company.
3. Evaluate the possible ethical issues involved in contingent liabilities.

2. APA formatting is required for this paper.

3. A minimum of two references are required.

4. Use the Paper Writing Rubric below to ensure you have met all the criteria for this assignment.