Contingent item: Difference between revisions
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1. ''Financial reporting.'' | |||
In financial reporting a contingent item is a condition which exists at a reporting date where the outcome will be confirmed only on the occurrence or non-occurrence of one or more uncertain future events. | |||
2. ''Bank supervision - capital adequacy - Risk Weighted Assets - off balance sheet risk.'' | |||
In bank supervision, and Risk Weighted Assets calculations, a contingent item is a potential credit exposure of the supervised bank that may become an actual credit exposure. | |||
Examples include performance guarantees, also known as performance bonds. | |||
== See also == | == See also == | ||
* [[Bank supervision]] | |||
* [[Capital adequacy]] | |||
* [[Contingency]] | * [[Contingency]] | ||
* [[Contingent]] | * [[Contingent]] | ||
* [[Contingent liabilities]] | * [[Contingent liabilities]] | ||
* [[Financial reporting]] | |||
* [[Off balance sheet risk]] | |||
* [[Performance guarantee]] | |||
* [[Risk Weighted Assets]] (RWAs) | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 22:16, 1 March 2023
1. Financial reporting.
In financial reporting a contingent item is a condition which exists at a reporting date where the outcome will be confirmed only on the occurrence or non-occurrence of one or more uncertain future events.
2. Bank supervision - capital adequacy - Risk Weighted Assets - off balance sheet risk.
In bank supervision, and Risk Weighted Assets calculations, a contingent item is a potential credit exposure of the supervised bank that may become an actual credit exposure.
Examples include performance guarantees, also known as performance bonds.
