care only about issues that directly affect status and pay.
It is hard to see why it should then tell us to favor some contingencies
(noninherited ones) over others.
In addition, Rule 10-01 of Regulation S-X already prescribes adequate rules governing the disclosures for interim financial statements, including rules relating to disclosure of material contingencies
or material changes in previously disclosed contingencies
Although not explicitly stated, the theory of the NBM could be that the parties to the transaction expect a certain approximate yield on the instrument, based on both the noncontingent payments and a reasonable expectation of the occurrence of the contingencies
One must show that the time at which the payments are to be reduced was determined independently of any contingencies
relating to the payor's children.
Thus, hypothetical statements, such as "We expect that rate (of loss) to increase" and "The ALLL should be adequate to handle all future losses through liquidation," are troublesome if they are intended to cause DIs to make provisions for loss contingencies
that will occur in the future.
SOME OF THESE CONTINGENCIES
SUCH AS FINAL TERMS OF THE CREDIT FACILITY MAY BE FULLY OR PARTIALLY WITHIN HRPT'S CONTROL BUT BE UNACCEPTABLE TO HRPT.
Fesler speculates corporate officials and their legal counsels may have difficulty providing an auditor with appropriate information concerning litigation contingencies
for the following reasons:
It says specific uncertainties not considered normal and recurring (because of their significance or nature) can result in loss contingencies
for purposes of applying disclosure requirements under FASB Statement no.
Prior to closing, certain contingencies
must be met concerning outstanding liabilities and certain outstanding warrant holders.
The exercise was extremely beneficial in demonstrating the ability of power plant and transmission system operators to cope with a variety of simulated contingencies
," according to Ajay Garg, Senior Engineer and Y2k Project Manager for NPCC.
The exercise was beneficial in demonstrating the ability of power plant and transmission system operators to cope with a variety of simulated contingencies