ProvisionForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › ProvisionThis topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 1, 2021 at 4:05 pm #639691 James124ParticipantTopics: 164Replies: 136☆☆☆If obligation has arised we are unknown of amount but we know that it would occur after 1 year. Would we record it as Non-current Provision or leave it to record as current provision in next account period. November 2, 2021 at 6:43 am #639723 John MoffatKeymasterTopics: 56Replies: 51875☆☆☆☆☆This is rather unlikely in real life (and even more unlikely in the exam). You would leave it until the next accounting period.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In