It is necessary to identify employee benefits (retirement bonus / severance pay, jubilee awards) in the amount...
More about reserve for retirementContent of our Blog
Accruals are liabilities the due date or the amount of which are more certain than for provisions, Established...
More about accrualsProvisions for liabilities recorded when the payment date or amount are not certain (IAS 37 par. 7, 10) ,...
More about provisions for liabilitiesYour company is like your child... You need to be not only very patient but also a conscious and carefull...
More about trust in an accountant and the finances of your companyReceivables are adjusted by provisions subject to probability of collection, The principle of prudent valuation...
More about creating an impairment loss on receivablesProvisions for inventories should be made as a result of impairment or as a result of valuation to net realisable...
More about the write-down for inventories