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Month: July 2022

July 12, 2022 softago No Comments

Silver Spot Price & Charts

The spot silver price is always fluctuating, but the number should be consistent across exchanges all over the world. Here you’ll find long-term historical price charts for silver, answers to commonly asked questions about the spot price silver, and more. The spot price of silver can change on a moment’s notice, and savvy investors will […]

July 4, 2022 softago No Comments

Reporting Requirements of Contingent Liabilities and GAAP Compliance

Companies operating in the United States rely on the guidelines established in the generally accepted accounting principles (GAAP). Under GAAP, a contingent liability is defined as any potential future loss that depends on a “triggering event” to turn into an actual expense. Two classic examples of contingent liabilities include a company warranty and a lawsuit […]