LEADER 04326nam 2200697 450 001 9910463617303321 005 20170821160749.0 010 $a1-4623-0937-2 010 $a1-4527-2687-6 010 $a1-282-84196-3 010 $a1-4518-7103-1 010 $a9786612841965 035 $a(CKB)3170000000055142 035 $a(EBL)1608058 035 $a(SSID)ssj0000943999 035 $a(PQKBManifestationID)11544307 035 $a(PQKBTitleCode)TC0000943999 035 $a(PQKBWorkID)10982473 035 $a(PQKB)10083407 035 $a(OCoLC)460974893 035 $a(MiAaPQ)EBC1608058 035 $a(EXLCZ)993170000000055142 100 $a20140226h20082008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aContingent liabilities $eissues and practice /$fAliona Cebotari ; authorized for distribution by Paolo Mauro 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (62 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/245 300 $aDescription based upon print version of record. 311 $a1-4519-1556-X 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Background; III. Mitigating Risks Associated with Contingent Liabilities; A. Frameworks for Dealing with Risks from Contingent Liabilities; B. When to take on Contingent Liabilities?; Boxes; 1. Market Failure and Terrorism Insurance; 2. When Are Guarantees Preferable to Other Forms of Support?; C. Strategies to Transfer Risk or Costs Related to Contingent Liabilities; Figures; 1. Typical Infrastructure PPP Project Risks and Hypothetical Allocation; 3. Estimating the Expected Cost and Market Value of Guarantees 327 $aD. Other Safeguards against Risks Related to Contingent LiabilitiesIV. Managing Retained Risk from Contingent Liabilities; A. Instruments for Managing Low Impact Liabilities; B. Instruments for Managing High Impact Liabilities; Tables; 1. Contingency Funds to Meet Calls on Contingent Liabilities: Selected Examples; V. Disclosing Contingent Liabilities; 2. IPSAS: When to Recognize and Disclose Contingent Liabilities; 3. Accounting/Statistical Standards and Transparency Initiatives: What to Disclose; 4. Legislative Requirements to Disclose Fiscal Risks: Selected Country Examples 327 $aVI. Institutional Arrangements for Managing Contingent Liability Risks5. Disclosing the Magnitude of Contingent Liabilities: Selected Country Examples; VII. Conclusion; 4. Institutional Arrangements for Managing PPP Risks; A1. Accounting Standards and Standard Setters; Annexes; I. Accounting/Statistical Standards and Contingent Liabilities; A1. Summary of the Main Requirements for Recognition and Disclosures of Contingent Liabilities; II. Measuring the Value of Contingent Liabilities; A1. The Swedish Debt Office Simulation Model; References 330 $aContingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or its true nature uncovered-as a result of government bailouts of financial or nonfinancial entities, in both the private and the public sector. The paper discusses theoretical and practical issues raised by contingent liabilities, including the rationale for taking them on, how to safeguard against the fiscal risks associated with them, how to account and budget for them, and how to disclose them. Co 410 0$aIMF Working Papers 606 $aContingent liabilities (Accounting) 606 $aLiabilities (Accounting) 606 $aFinance, Public$xAccounting 606 $aRisk management 608 $aElectronic books. 615 0$aContingent liabilities (Accounting) 615 0$aLiabilities (Accounting) 615 0$aFinance, Public$xAccounting. 615 0$aRisk management. 676 $a336.343351 700 $aCebotari$b Aliona$0910634 701 $aMauro$b Paolo$0910635 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463617303321 996 $aContingent liabilities$92038114 997 $aUNINA