Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

Construction workers tend to work based on contractors they make with the owners of property. Traditionally these contractors could choose from a variety of accounting procedures to account for the ...

You don't have to look far and wide to see that the internet teems with outlets for people to write scathing reviews of their employers, both current and former. Employers can respond, of course, but ...

Definition of Contract: (n., adj.), an agreement between two or more parties for the doing or not doing of something specified. To interpret this strongly I will put the definition in easier terms. A ...

Discover how treaty reinsurance works, its benefits, and the differences between proportional and non-proportional contracts. Gain insights to manage risks effectively.

The IRS issued temporary and identical proposed regulations on dividend equivalents for purposes of Sec. 871(m) (T.D. 9572; REG-120282-10). The regulations provide guidance to nonresident aliens and ...

Coinbase (COIN) has filed a response to the Securities and Exchange (SEC) to get an enforcement action against the exchange dismissed, arguing that the tokens don’t necessarily represent the ...