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

The Government Accountability Office has reaffirmed an agency’s right to cancel a contract after it has been awarded, and even before the contractor has started working on it. In this instance, Zolon ...

You don't have to look far and wide to see that the internet teems with outlets for people to write scathing reviews of their employers, both current and former. Employers can respond, of course, but ...

Discover how treaty reinsurance works, its benefits, and the differences between proportional and non-proportional contracts. Gain insights to manage risks effectively.

LOUISVILLE, Ky. (WAVE) - Thursday was the first day of meetings for the workers at UPS Worldport to learn more about the tentative contract agreement. The first explanation meeting started at 2 p.m.