Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

Q2 2026 Earnings Call Transcript September 9, 2025 Skillsoft Corp. beats earnings expectations. Reported EPS is $0.92, expectations were $-2.1. Operator: Thank you for standing by, and welcome to ...

The accounting principles used depend on the business's regulatory and reporting requirements. Companies and organizations often have an accounting manual that details the pertinent accounting rules.