Tags » Liabilities

What is the impact of Toshiba’s credit line on its financial statements?

In 2015, Toshiba Corp. (TOSBF) announced that it had overstated profits by nearly $2 billion over a six year period. It has since announced that it could lay off up to 10,000 workers. 299 more words

Teaching Accounting

Four Liabilities Future Home Sellers Should Know About

Sometimes liabilities lurk in unexpected places, other times they are as transparent as ice. Knowing what could cause your home not to sell- or at least negatively affect your price point – is solid business sense for any home owner. 345 more words


OK, so in STEP 1 we identified some of the likely subscriptions that you have. Ask yourself this question – “Do I really need and use the service for which I am paying for every month ?” 366 more words


Which contingent liabilities resulting from the Volkswagen (VW) emissions cheating scandal would be recognized or disclosed in Volkswagen Group’s financial statements?

Volkswagen manufactures the iconic Beetle in addition to other models including the Passat, the Jetta, and others.  Volkswagen Group (VW) has been embroiled in an emissions cheating scandal discovered in 2015. 535 more words

Financial Accounting

Assets vs Liability.

Way too many humans confuses the difference between having an asset vs having a liability, the most common being in debt and not paying with cash. 234 more words

Financial Health: A commonly mistaken term [By Dominic Khoo]

Management of many companies, SMEs and even some publicly listed companies, often associate the company’s bottom-line (net profits) with financial health. While this perception is not completely misaligned, financial health provides a more holistic overview of the company. 988 more words

BDO Singapore

Webinar: 8 Steps to Reduce Your Fiduciary Liability

Are you aware that by serving in a fiduciary capacity for your company’s retirement plan you might be placing yourself at considerable risk?

Join us for an educational webinar where we will discuss some of the most important steps that you can take to mitigate those risks and reduce potential liability. 78 more words