disclosure of litigation?

disclosure of litigation?

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Does a company need to disclose or note material litigation in its accounts? I am particularly interested in a limited company with substantial litigation and which is a subsiduary of an AIM company. Do both the company and its ultimate parent need to disclose or note this?

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By WhichTyler
26th Jun 2012 11:22

Contingent liabilities?

IAS37 refers

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