Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

Contingent liabilities – particularly those tied to litigation, regulatory exposure, or environmental matters – are among the most consistently underestimated threats in corporate finance. When ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A contingent liability is a potential obligation that hinges on ...

A contingent liability is the possibility of a liability arising from a future event. The liability is contingent on whether or not the event occurs. The most common source of contingent liabilities ...

Contingent liabilities were the sacred item three years ago and it is only recently that they have become public when they were published first time in an official document, the Economic Survey of ...

The ability to claim a deduction of contingent liabilities in the context of the disposal of a business or assets has recently been considered in a number of instances. In the case of Ackermans ...

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 ...