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Learning about IFRS 1012 mins
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Constructive obligation25 mins
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Provisions and other liabilities34 mins
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Contingent liabilities48 mins
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Expenditures not included75 mins
Published: October, 2021
When it comes to provisions, contingent liabilities, and contingent assets, how do you ensure that appropriate recognition criteria and measurement bases are applied so that the result is a clear, relevant, reliable, and comparable financial statement.
IAS 37 spells out what information needs to be disclosed in the notes to enable users to understand the nature, timing, and amounts relating to provisions, contingent liabilities, and contingent assets.
Part of this standard’s purpose is to remove any ambiguity about the rules for establishing provisions, thus trying to establish consistency in the approach while still leaving some room for judgment. It is not always an easy balancing act, but this online accounting CPE webinar session will help you achieve that balance.
Major Topics Covered in this CPE webinar for CPAs:
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Founder, Mike Morley
Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the
accounting language of financial statements into clear, easy-to-understand
terms that anyone who needs to make well-informed financial decisions quickly
will appreciate.
9 Ratings
2 Credits
Subject Area
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