Some examples of off-balance sheet transactions are letters of credit and guarantees, derivative instruments, and contingent liabilities. Companies are allowed to omit certain assets from their ...

Contingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or ...

Presently AS 4 deals only with Events occurring after the Balance Sheet date. Even though the Standard’s name starts with contingencies, all the paragraphs related to ‘contingencies’ have been ...

Whether you are an investor seeking value, an analyst evaluating performance, an auditor ensuring transparency, or simply someone curious about the financial backbone of a company, understanding the ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate Whereas some central bank derivatives and other contingent liabilities ...