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Unformatted text preview: guarantee and commitment. According to the checklist, It is acceptable to say that the guarantees are ascertained within the FASB guidelines. The disclosures conforms to FASB, USGAAP and within the International Accounting Standards guidelines. The effect of uncertainty has been provided for very clearly as well as the time frame for each guarantee. I can only find one agreement that needs to be improved. That agreement just so happen to be the agreement about the third party debt. I came to the conclusion that there should be a clause created within this agreement in order to present an enhanced image....
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- Fall '10