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IAS 37 — Provisions, Contingent Liabilities and Contingent Assets

Abstract

IAS 37 prescribes the accounting treatment for nearly all of an entity’s liabilities. Only liabilities resulting from financial instruments, from so-called executory contracts, under which neither party has performed any or only partially to an equal extent of its obligations, those arising in insurance entities and those covered by another standard145.

Keywords

Cash Flow Repair Cost Leasing Contract Payment Term Contingent Liability 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Betriebswirtschaftlicher Verlag Dr.Th. Gabler | GWV Fachverlage GmbH, Wiesbaden 2008

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