TORONTO — The use of accrued liabilities to pad earnings was a “legitimate” and standard practice at Nortel Networks Corp. in the early 2000s, and a process directly overseen by the company’s external ...

The value of your business on any given day is the difference between your assets and liabilities. While many assets have intangible benefits, such as goodwill, recipes and patents, liabilities are ...

Increasing expense accruals, or accrued expenses, helps companies conserve cash at the time they incur an expense. Using accrual-basis accounting, companies record expenses when incurred but don't ...

National Pension, Commission, PenCom, has lauded the federal government retirees for their patience and understanding over unpaid accrued pensions rights and other benefits. This came as the ...