I will not," continued he, after a moment's silence, "conceal from you, that while your probity and exactitude up to this moment are universally acknowledged, yet the report is current in Marseilles that you are not able to meet your liabilities
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES include many present value measurements that assign amounts to specific assets and liabilities
Whether an instrument like mandatorily redeemable preferred stock is classified as a liability or as equity obviously affects reported amounts of liabilities
and equity and related summary indicators, such as the debt/equity ratio and the asset/equity ratio.
ACE Environmental Risk, a division of ACE USA, offers a full range of environmental liability solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities
Depending on each spouse's available unified credit and annual exclusion amounts, their overall gift tax liabilities
for the year may not be equal.
LLCs have fewer ownership and operating restrictions than other choices and allow owners to limit their liabilities
to the investment, plus any capital commitment.
Beginning in 1989, Statement 87 is requiring companies with plans in which the accumulated benefit obligation (ABO) exceeds the sum of pension assets and unfunded accrued pension cost to show additional balance sheet liabilities
to account for the deficit.
BOSTON and LONDON -- Groundbreaking strategy enables pension funds to match future liabilities
within different inflation environments through a flexible pooled vehicle
The ambiguous phrase "with respect to" was deleted and the types of liabilities
considered SLLs were specifically listed.
In addition, earlier consensuses on the recognition of liabilities
in connection with a purchase business combination are summarized.
Although most of the requirements of Statement 87 were effective for fiscal years beginning after December 15, 1986 (and many companies adopted early), the statement's transition provisions permitted a minimum two-year delay in the effective date for the following reasons: * Recognition by employers of additional pension liabilities
on the balance sheet in situations where pension plans are not fully funded.
School bus operators now face serious liabilities
that are beyond the scope of standard excess liability policies," said Kevin Kelley, Chairman and Chief Executive Officer of Lexington Insurance Company, a member company of American International Group, Inc.
"normally" due exclude delinquent installment payments as prescribed by the safe-harbor rules.
The AICPA has issued exposure drafts on environmental remediation liabilities
, mortgage loans and ethics and is calling for comments on each.
AER's CPL/E&O policy protects against pollution liability for gradual as well as sudden and accidental third-party environmental liabilities
arising out of the covered operations of the insured.