The Rand Report R-609

Ignace I. Kolodner has written:

'Formation and subsequent behavior of aerosols; final report' -- subject(s): Accessible book

The debt should be identified as being in bankruptcy or discharged in bankruptcy. It will remain on the list for 7 years. The bankruptcy will remain on the report for 10 years.

subsequent

Material happening occurring after the date of the financial statements but before the audit report is issued. Footnote disclosure is required so that financial statement users are properly informed. The subsequent event typically has a significant impact on financial position or earning capacity. Examples of subsequent events requiring disclosure are lawsuits, impairment of assets, and permanent decline in price of securities.