IAS 37

4 Posts
1 Sections
1 Types

November 15, 2023 3 min read Definitions

Contingent Assets: A Guide to Conditional Resources in Finance

Finance Accounting Risk Management Contingent Asset Financial Reporting IAS 37 Uncertain Future Events Legal Claims

Understand what a contingent asset is, its significance in financial reporting, and how it affects business strategy through real-world examples and expert analysis.

October 4, 2023 3 min read Definitions

Contingent Liability in Financial Reporting

Finance Accounting Risk Management Contingent Liability Financial Reporting IAS 37 Economic Risk Accounting Standards

Explore what a contingent liability is, its types, and its significance in financial accounting according to international standards.

October 4, 2023 2 min read Definitions

Decommissioning Costs in Financial Reporting

Finance Accounting Business Management Decommissioning Costs IAS 37 Financial Reporting Environmental Responsibility Asset Management

Explore the financial implications of decommissioning costs for businesses, with a focus on international accounting standards and practices.

October 4, 2023 2 min read Definitions

Provisions in Accounting: A Deep Dive into Financial Prudence

Finance Accounting Compliance Provisions Accounting IAS 37 Financial Reporting UK Companies Act

Explore the concept of provisions in accounting, their importance in financial reporting, and regulatory guidelines as per IAS 37 and the UK's Financial Reporting Standard.