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 ...

I bitch about the Internal Revenue Code (a lot), but I'm smart enough to realize that courtesy of the complexities it contains, I will never run out of topics for Tax Geek Tuesday. If anything, my ...

Norwalk, Conn. — In a continuing effort to quickly converge at least a few U.S. standards to international standards, the Financial Accounting Standards Board is hammering out a proposal on liability ...