21 - Provisions Flashcards
1
Q
What are the conditions for recognising a provision?
A
Present obligation as a result of past events
Probable future outflow of resources
Reliable estimate can be made
FR > 21 - Provisions > Flashcards
What are the conditions for recognising a provision?
Present obligation as a result of past events
Probable future outflow of resources
Reliable estimate can be made