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Jerry Goldman Provides Definition of Contingent Liabilities

Speakers for this podcast

  • Partner , Ernst & Young
  • male
  • Caucasian
  • 1950 (Age: 74 years old)

Biography

Jerry Goldman is a senior tax partner at Ernst & Young. Goldman began his career in audit at Arthur Young before swtiching to the tax field. Arthur Young merged with Ernst and Whinney in 1989 to become Ernst & Young.

Jerry Goldman received his underegraduate degree from Cornell University and his MBA from the Wharton School at the University of Pennsylvania.

Contingent liabilities just as the word suggests are contingent and what gets recorded on balance sheets are quantifiable, identifiable liabilities and by its own terminology contingent means that there's something that's either not identifiable or quantifiable or estimable like a potential environm...(Full transcript available to logged in subscribers.).

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