Demystifying Settlement Agreements

Accounting and Financial Reporting Update Interpretive ...

Mar 03, 2016 · or other events. Further, a litigation settlement may contain multiple elements, including cash payments, required future services, rights to IP, and other agreements or concessions between the parties. The accounting for and disclosures about contingencies under ASC 450 differ depending on whether the contingency could result in a gain or a loss.

  Agreement, Settlement