Business financial statement

  Carol Kloss, your boss. is concerned the news that there is possible fraud in his business might affect the company's stock price. You have been asked to research transactions with related parties that were not adequately disclosed in be company's financial statements. The scope of your research is to 1)Provide the specific citation that outlines the required information on related-party disclosures that must be included in the financial statements. (Use the Codification) ')Describe the disclosures required for related-party transactions 3)Provide a sample disclosure of related-party disclosures from an company. (State the company) other 4)Give Carol your recommendation.