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This chapter discusses the presentation and disclosure considerations related to commitments, contingencies, and guarantees. See also FSP 23.9 for cross references to other chapters that include additional information on certain types of commitments, contingencies, and guarantees.
In addition, certain commitments are unique to certain industries and are discussed in the accounting guidance specific to that industry. Because this guide is intended for a broad array of reporting entities, industry-specific guidance is not covered.

PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

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