Learn how general provisions function as financial safeguards, set aside by companies to cover potential future losses, and ...

The European Financial Reporting Advisory Group (EFRAG) has released a feedback statement on the International Accounting Standards Board's (IASB) Exposure Draft (ED) Provisions – Targeted ...

According to the International Accounting Standard (IAS) 37, a provision is a liability of uncertain timing and amount. Examples include provisions for pending ...

The International Accounting Standards Board is looking for feedback on some targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on ...