Recognise, Disclose or Ignore? The IAS 37 Decision Table
This lesson is part of the course
In this lesson
You run eight year-end items of Halden Ridge Appliances through the IAS 37 decision tree with one nested IF, then total the provisions and count the contingent liabilities to disclose.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Recognise, Disclose or Ignore? The IAS 37 Decision Table Locked
- Best Estimate for a Large Population: Expected Value of Warranties Locked
- Best Estimate for a Single Obligation: the Most Likely Outcome Locked
- Discounting a Provision and Unwinding the Discount Locked
- Decommissioning & Restoration: Provision Added to the Asset Cost Locked
- Onerous Contracts: Unavoidable Costs vs Economic Benefits Locked
- Restructuring Provisions: What Qualifies and Which Costs Go In Locked
- The Provision Movement Table: Opening, Additions, Used, Released, Unwinding, Closing Locked