Accruing a likely contingent liability is part of responsible earnings management. Although you aren't likely to find the term "earnings management" in an accounting dictionary, the American Institute ...
Many taxpayers have been able to reduce their taxes in transactions involving contingent liabilities, leading Congress to change subchapter C and the Treasury Department to change the regulations ...
lthough in the past the government won a number of important victories in its ongoing attempt to stop abusive tax transactions, it has continued to lose on contingent liability transactions. Recently, ...
GAD has been announced as a key partner to help establish the new Contingent Liability Central Capability function for government. The Government Actuary's Department (GAD) has been selected as a key ...
Learn how to identify creative accounting practices that manipulate balance sheets, impacting assets, liabilities, and equity for perceived financial performance.
Contingent liabilities from guarantees and contingent assets from on-lending, can pose substantial risks to government finances. Prudent risk monitoring and risk management can help identify and ...
DETROIT (Reuters) - General Motors Corp has no contingent liabilities through the GMAC finance company, which has been damaged by the subprime crisis, but could face more losses because of its 49 ...
A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2020) - CASCADERO COPPER CORPORATION (TSXV: CCD) (the "Company") announced today that, in the process of conducting due diligence by the new ...
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