Can I read IAS 37: Provisions and Contingent Liabilities on EtoBox?

IAS 37: Provisions and Contingent Liabilities by Septian Dwi Anggoro is a document available to read on EtoBox.

What is IAS 37: Provisions and Contingent Liabilities about?

IAS 37 provides guidance on accounting for provisions, contingent liabilities, and contingent assets. The key principles are: 1. A provision should be recognized when there is a present obligation from a past event, an outflow of resources is probable, and the amount can be reliably estimated. 2. Provisions should be measured at the best estimate of the expenditure required to settle the obligation. This includes discounted present value for long-term provisions. 3. Contingent liabilities are not recogn

Author

Septian Dwi Anggoro

Language

EN