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Nicki M. Field

Nicki M. Field's Posts

New regulation means new liabilities New regulation means new liabilities

Here's a wrinkle to consider when preparing financial statements next year: Effective Dec. 15, 2007, a new accounting standard requires the disclosure of liabilities associated with contaminated properties. At minimum, this requirement may cause additional work and, at worst, it may burden some government entities with crippling liabilities. Read more

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