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Fill dec 2018- proviso for reconditioning costs

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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August 9, 2021 at 9:23 am #630878
Noah098
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sir would it be wrong to state that a provision will be created for reconditioning costs, as there is a constructive obligation(from PAST PRACTICE) to carry out reconditioning every two years?
August 9, 2021 at 10:00 am #630879
Stephen Widberg
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You cannot make provisions for ‘fixing’ or ‘improving’ NCA. Please revisit our FR lectures on provisions.
If you don’t HAVE TO DO IT, then no provision.
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