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US GAAP vs IFRS: Examples & PDF Cheat Sheet
https://www.wallstreetprep.com/knowledge/us-gaap-vs-ifrs-differences-similarities-examples-pdf-cheat-sheet/
Examples include a liability associated with a pending lawsuit or a liability associated with the company’s future cost of fixing a product under warranty. When comparing US GAAP and IFRS, differences in the definition of the word “probable” and the measurement techniques used can lead to differences in both the recognition and amount of ...
DA: 99 PA: 90 MOZ Rank: 6
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Form 10-Q Lumentum Holdings Inc. For: Apr 02
https://www.streetinsider.com/SEC+Filings/Form+10-Q+Lumentum+Holdings+Inc.+For%3A+Apr+02/20015680.html
May 04, 2022 · Repurchase of common stock pending settlement: 2.1 ... financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), which requires ...
DA: 68 PA: 13 MOZ Rank: 56
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Contingent Liability Definition
https://www.investopedia.com/terms/c/contingentliability.asp
Jan 04, 2022 · Example of a Contingent Liability . Assume that a company is facing a lawsuit from a rival firm for patent infringement. The company's legal department thinks that the rival firm has a strong case ...
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Shareholder Alert: Bernstein Litowitz Berger & Grossmann
https://www.businesswire.com/news/home/20220311005474/en/Shareholder-Alert-Bernstein-Litowitz-Berger-Grossmann-LLP-Announces-the-Filing-of-Securities-Class-Action-Lawsuit-Against-Clarivate-Plc-Expanding-the-Class-Period
Mar 11, 2022 · Contacts. Scott R. Foglietta Bernstein Litowitz Berger & Grossmann LLP 1251 Avenue of the Americas, 44th Floor New York, New York 10020 (212) 554-1903 [email protected]
DA: 37 PA: 93 MOZ Rank: 90
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Commitments and Contingencies | Disclosures | Examples
https://www.wallstreetmojo.com/commitments-and-contingencies/
Pending or threatened litigation. ... Company A files a lawsuit against company B, and company A thinks that it has a reasonable chance of winning the claims. Now, the company’s An accountant believes that a gain of $300,000 is probable, but a gain of $390,000 is reasonably possible. However, nothing is settled at the end of year two.
DA: 53 PA: 85 MOZ Rank: 93
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Complaint: SEC v. Dean L. Buntrock, Phillip B. Rooney
https://www.sec.gov/litigation/complaints/complr17435.htm
Instead of taking any write-offs for those dead projects in 1993, which GAAP required, the Company placed the costs in a "corporate pool" pending future write-offs through netting. The deferred projects schedules were provided to Rooney, Koenig, Hau, …
DA: 70 PA: 17 MOZ Rank: 50
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13.3 Accounting for Contingencies – Financial Accounting
https://open.lib.umn.edu/financialaccounting/chapter/13-3-accounting-for-contingencies/
Otherwise, few if any contingencies would ever be reported. U.S. GAAP in this area was established in 1975 when FASB issued its Statement Number Five, “Accounting for Contingencies.” This pronouncement requires the recognition of a loss contingency if. the loss is deemed to be probable, and; the amount of loss can be reasonably estimated.
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List of lawsuits involving Tesla, Inc. - Wikipedia
https://en.wikipedia.org/wiki/List_of_lawsuits_involving_Tesla,_Inc.
This is a partial list of lawsuits involving Tesla, Inc, the American automotive and energy company, since 2008; as of December 2021, Tesla is party to over 1,200 lawsuits, and as of September 2021, it is party to 200 in China alone. TSLAQ, a loose collective of anonymous short-sellers and skeptics of Tesla and Elon Musk, regularly discusses and shares news of these …
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Farmland Partners Inc. Reports First Quarter 2022 Results
https://finance.yahoo.com/news/farmland-partners-inc-reports-first-204700639.html
May 03, 2022 · FPI Improves Operating Performance, Increases Quarterly Dividend by 20%, Reduces Leverage, and Prevails in Dismissal of Class Action Lawsuit DENVER, May 03, 2022--(BUSINESS WIRE)--Farmland ...
DA: 68 PA: 90 MOZ Rank: 97
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tsla-10k_20201231.htm - SEC
https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm
Dec 31, 2020 · We have also develop ed software capabilities for remotely control ling and dispatch ing our energy storage systems across a wide range of markets and applications, including through our real-time energy trading platform.. Solar Energy Offerings. We sell retrofit solar energy systems to customers and channel partners and also make them available …
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