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re: Sears, Going Concern, and Changing Rules
Posted on 3/22/17 at 5:19 pm to LSUFanHouston
Posted on 3/22/17 at 5:19 pm to LSUFanHouston
Pretty interesting considering like the above poster stated, the auditing firm could have felt the mitigating plan to reduce the doubt by managements response was sufficient for it to not be considered substantially doubtful.
But then management did consider it doubtful. Timeframe may be the only true difference? I'll follow this as I'm curious why.
But then management did consider it doubtful. Timeframe may be the only true difference? I'll follow this as I'm curious why.
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