Contingent liabilities, at their core, represent uncertainties. They aren't yet actual liabilities on a company's balance sheet, but they have the potential to become one. The uncertainty revolves ...

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 ...

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 ...

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 ...

Investors usually do not lose sleep over contingent liabilities mentioned in balance sheets of financial entities, as they are unavoidable in the regular course of business. A contingent liability (CL ...

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 ...

The devil is in the details. Contingent liability, which is outside the scope of the balance sheet and profit and loss account of a company, is on the rise. Data compiled by Moneycontrol reveals that ...