A contingent liability is a potential cost a company may or may not incur in the future. A contingent liability could be a guarantee on a debt to another entity, a lawsuit, a government probe, or even ...

Several industrial companies have recently implemented transactions to permanently divest legacy contingent liabilities. In ...

It often is difficult to determine the existence of a contingent liability. Even when the potential liability is known, it’s not easy to correctly value it. Failure to properly consider the tax impact ...

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 ...

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, ...

Representations and warranties insurance (“R&W Insurance”) has been increasingly used in corporate transactions to facilitate successful negotiations. R&W Insurance is an insurance policy purchased by ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

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 ...

When a disaster occurs, a country's financial obligations are triggered to repair the damage that has occurred. These obligations are called contingent liabilities. To understand more about the ...

FRANKFURT, May 2 (Reuters) - Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief ...

The FINANCIAL — Data on contingent liabilities and non-performing loans of EU governments for the year 2016 have been published on January 29 by Eurostat, the statistical office of the European Union.