IAS 37 Provisions, Contingent Liabilities and Contingent Assets

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  1. Avatar of anasbadrie anasbadrie says:
    April 6, 2013 at 1:55 am

    Very Helpful

  2. Avatar of Accountaholic Accountaholic says:
    March 20, 2013 at 8:03 pm

    In test question 2, can you please explain statement 1? Why does the company have to create a provision if only 5% of sales give rise to a warranty claim?

    • Avatar of johnmoffat johnmoffat says:
      April 6, 2013 at 8:23 am

      The reason is that it is virtually certain that they will have to pay for some warranty claims.
      (The only relevance of the 5% is that they would probably use this to estimate the amount needed for the provision)

  3. Avatar of muradm muradm says:
    December 11, 2012 at 9:13 am

    Greattt lecture.. :) :) :)
    Simply understandable.. very clear.. thanks a lot..

  4. Avatar of Miss A.. Miss A.. says:
    November 20, 2012 at 7:58 am

    what’s the name of this brilliant tutor?

    he’s awesome

  5. Avatar of Salwa Salwa says:
    November 1, 2012 at 6:57 pm

    very good lecture..thnk you..:)

  6. Avatar of adnanqureshi adnanqureshi says:
    September 18, 2012 at 11:34 pm

    very good lecture

  7. Avatar of shonda shonda says:
    September 5, 2012 at 3:08 am

    wonderful session

  8. Avatar of tariqkath tariqkath says:
    September 1, 2012 at 4:36 pm

    This lecture help me alot to understand the topic. Thnaks OT :)

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