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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 37
I have a building that is held for sale. Some restructuring of the operations are going on due to the sale of the building. Under IAS 37, I recognise provision due to the restructuring and I have to ensure that the gain from the sale has not been taken into account when measuring the provision. Why is it so?
Because until it’s sold you haven’t achieved the gain!
