Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

Eric Baker, StubHub CEO, joins CNBC's 'Squawk on the Street' to discuss the company's IPO, business priorities, and much more.

ConocoPhillips COP is a U.S.-based upstream energy firm having a diversified portfolio of low-cost assets spread across 14 countries globally. The company, being primarily involved in the upstream ...

As digital assets continue to capture headlines and market attention — in part because of the surging number of public companies dedicated exclusively to holding cryptocurrency — a growing number of ...

Assets, liabilities, and equity accounts are reported on the balance sheet, which utilizes financial accounting to report ownership of the company’s future economic benefits. International public ...

Deciding where to invest your capital is one of the most critical decisions a business owner or a financial manager can make. It’s a process of weighing potential returns against the risks of a ...

Struggling to get my head around the transactional trial balance - usually just run the data files from Excel and have everything necessary for management and EOY accounts. The issue being that PY ...

The North American hard court swing of the tennis schedule is underway, and excitement is growing for the final Grand Slam of the year. Earlier today, New Balance unveiled its 2025 US Open Footwear ...

Reaffirming that an entry in a company's balance sheet amounts to a valid acknowledgment of debt under Section 18 of the Limitation Act, 1963 irrespective of the name of the creditor, the Supreme ...

Costco Wholesale Corporation’s COST balance sheet reveals a robust financial position, highlighted by strong liquidity and prudent asset management. As of May 11, 2025, the company reported $13,836 ...

Bapcor has warned of weak profit and balance sheet for the fiscal year, along with some changes to its board of directors, in its latest trading update. The automotive parts group expects an unaudited ...

Master the art of crypto accounting! Learn how to handle crypto gains and losses on your balance sheet to stay tax-compliant and organized. Properly accounting for crypto assets on your balance sheet ...