IAS 37 Provision

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
June 6, 2024 at 6:33 pm #706857
naveed42927
Participant
- Topics: 22
- Replies: 5
Dear sir,

I was studying IAS 37. It mentions that present obligation as a result of past event.

Can we create provision for External Audit cost?

Thank you,
June 7, 2024 at 8:20 am #706904
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3453
Only set up liability if audit already performed.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.