Available Course
IFRS – IAS 37 Provisions + IAS 10 Events After Year End
>> Click here to book this training as an In-House course <<
| Duration: | 2.00 |
| CPD Hours: | Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc) |
| Course Facilitator: |
Tristan White
T: 0118861395 E: gillian@probetatraining.co.za |
| Back | |
With the uncertainty around COVID-19, many businesses are facing financial peril with liabilities that cannot be met and unfulfilled contracts that could lead to financial losses.
IAS 37 Provisions and Contingencies will help us account for potential liabilities and consider the impact of onerous contracts.
IAS 10 Events After the Reporting Period becomes relevant when dealing with situations that have arisen after year end, that could have a retrospective effect on current year financial statements.
IAS 37: Provisions
• Definitions for Provisions, Contingent Liabilities, Onerous Contracts
• Recognition
• Measurement
• Disclosure requirements
IAS 10: Events After Reporting Period
• Definitions for Adjusting VS Non-adjusting events
• When to recognition VS disclose VS ignore
Financial managers, Auditors, Financial accountants, Audit managers, Audit partners, and Engagement Quality Control Reviewers