austin3515 Posted August 27, 2017 Posted August 27, 2017 Has anyone seen auditors making any disclosures about this in their financial statements? http://www.great-westclassaction.com/ Austin Powers, CPA, QPA, ERPA
Peter Gulia Posted August 28, 2017 Posted August 28, 2017 If a retirement plan bought that contract and remains in the class, a plan's financial statements might include in the notes a narrative explaining the gain contingency. Ordinarily, no accrual is expressed in $$ until restoration is had or is substantially certain. Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
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