Ecoma b1. Provision for roofForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Ecoma b1. Provision for roofThis topic has 3 replies, 2 voices, and was last updated 1 year ago by Stephen Widberg.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 29, 2023 at 11:56 am #695712 japimeParticipantTopics: 24Replies: 9☆Can it be argued that provision can be made for the roof since their business practice is to be sustainable, so they created a constructive obligation for themselves as the new roof offsets the company’s CO2 emissions? November 30, 2023 at 7:16 am #695749 Stephen WidbergKeymasterTopics: 15Replies: 3390☆☆☆☆☆Interesting. 🙂I think the answer remains as NO (for the present) – reflects future intention rather than present obligationOnly recognise liability once roof has been done (or at least until they pay for it) December 1, 2023 at 12:05 pm #695797 japimeParticipantTopics: 24Replies: 9☆Thank you for the response. If it is a well argued point will it still score marks even if the classification is wrong though? December 3, 2023 at 7:55 am #695913 Stephen WidbergKeymasterTopics: 15Replies: 3390☆☆☆☆☆Most of the marks!But IAS 37 was written to stop companies ‘providing’ for future asset expenditure. So it’s a sensitive point. 🙂🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In