ProvisionsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › ProvisionsThis topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts May 25, 2022 at 12:56 am #656397 ilham9089ParticipantTopics: 272Replies: 181☆☆☆Brum Ltd is leasing an office building for which it has no further use. However, the lease contract is non- cancellable and the office building cannot be sub-let to a third party.Why do we setup a provision for this? May 30, 2022 at 4:43 pm #656882 P2-D2KeymasterTopics: 4Replies: 6898☆☆☆☆☆You set up a provision for the onerous contract. In this instance the provision would be for the remaining amounts on the lease.ThanksAuthorPostsViewing 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