Can I read IAS 37: Provisions and Contingent Liabilities on EtoBox?
IAS 37: Provisions and Contingent Liabilities by jibfakey is a document available to read on EtoBox.
What is IAS 37: Provisions and Contingent Liabilities about?
IAS 37 outlines the recognition and measurement of provisions, contingent liabilities, and contingent assets. A provision is recognized when there is a present obligation, probable outflow of resources, and a reliable estimate can be made. Contingent liabilities are disclosed if not probable for recognition, while contingent assets are not recognized but disclosed if inflow is probable.
- Author
- jibfakey
- Language
- EN