IAS 37Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › IAS 37This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts July 11, 2021 at 8:21 am #627420 maximus07ParticipantTopics: 446Replies: 437☆☆☆☆If obligation has possible chances and reliably measured. It is provision or it is contingent liability? July 11, 2021 at 4:21 pm #627457 John MoffatKeymasterTopics: 57Replies: 54726☆☆☆☆☆It is a provision, and because it is possible (i.e. between 5% and 50% likely) it will be disclosed by way of a note. July 12, 2021 at 2:34 pm #627530 maximus07ParticipantTopics: 446Replies: 437☆☆☆☆Thank you sir. July 12, 2021 at 3:43 pm #627540 John MoffatKeymasterTopics: 57Replies: 54726☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘IAS 37’ is closed to new replies.