Learn what a contra liability account is, how it functions in financial accounting, and explore examples of this essential component in balancing liabilities.

On Tuesday, the Supreme Court released its long-awaited opinion in Omnicare v. Laborers District Council, 575 U.S. ____ (2015), which rejected the application of a solely objective standard in ...

Shareholders have brought a number of recent lawsuits against companies alleging, among other things, that the proxy statements used to solicit their votes were false or misleading. These lawsuits ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

This morning’s decision in Lorenzo v. Securities and Exchange Commission brings no surprises, as the court’s holding follows the views apparent at the oral argument (discussed in my earlier post).

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

July 7, 2021 - Nowadays it's hard to browse any financial news headlines without seeing at least one title referencing the seemingly ubiquitous, buzzy term "SPACs," otherwise known as special purpose ...

A small business accounting for lease agreements on its financial records must differentiate between capital and operating leases. A capital lease must meet certain criteria for classification, and ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...