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 ...

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 ...

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 ...

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 ...

A lot of rhetoric has been expended on the national debt and how fast it is rising. It's true that it has increased though in comparison to the annual Gross Domestic Product it has decreased and is ...

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 ...

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.

Ghana's authorities embarked on an ambitious fiscal reform plan and, as part of it, looked at how to improve risk monitoring and assessment related to contingent liabilities. The World Bank Treasury ...

FRANKFURT -- Volkswagen Group has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, CFO Frank Witter said on ...

Since the Legoland incident two years ago, Lotte Construction, which had been plagued by liquidity crisis rumors, has reportedly reduced its project financing (PF) contingent liabilities by about 3 ...