Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
That would mean the lease would be listed on the company's balance sheet as a liability, rather than as an off-balance sheet transaction that does not add to its debt, leaseback specialists said.
Like the "repo-to-maturity" transaction, a total return swap is an off balance sheet transaction treated as a sale, but the total return receiver, MF Global, is long both the price and credit default risk of the reference assets.
Similar(58)
"Ernst & Young took no steps to question or challenge the nondisclosure by Lehman of its use of $50 billion of temporary, off-balance sheet transactions," the report said.
Lehman Brothers couldn't get legal approval for its off-balance sheet transactions in Wall Street, so it used a London law firm instead.
In their foaming zeal to come up with examples of complicated off-balance sheet transactions that could potentially evade this tax, some bankers appear to have forgotten they are a regulated activity, and that today supervisors will require capital to be put aside for activities that seek to hide exposures, risks and clients.
CDO is a generic term used for two distinct products balance sheet transactions and arbitrage transactions.
Under the U.K. system, off-balance sheet transactions that sank Enron might have been consolidated into earnings, not merely disclosed in footnotes.
Ernst & Young took no steps to question or challenge the non‐disclosure by Lehman of its use of $50 billion of temporary, off‐balance sheet transactions.
The release did not mention a 171 million risk rooted in an off-balance-sheet transaction, he said.
The prison builder and operator Cornell Companies said yesterday that it was reviewing the accounting of an off-balance-sheet transaction and said the review could have material financial consequences.
"Rapid expansion of off-balance-sheet transactions is distorting bank financial statements," she said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com