Main page » Blog » System for testing of provision recognition criteria will be useful when...

System for testing of provision recognition criteria will be useful when...

Publication date: 2012-12-28 19:19:01

You are trying to find out how the three provision recognition criteria should be applied in practice;
You have a dilemma if you should set up a liability provision or when to disclose a contingency;
You are an auditor looking for a tool enabling to quickly ascertain if provision recognition criteria have been met.

System for testing of provision recognition criteria

Regards,
Slawomir Ekman
24iValue

Do you know that?
24iValue system imitates the process of thinking and action of a "conventional" valuation or accounting expert, and together with the user it solves the accounting or reporting problem.

For example: valuation of financial instruments, market valuation of certain assets, corporation income tax, deferred taxes, cash flow statement, finance lease accounting and establishes provisions for liabilities (including provision for retirement bonus) or provisions on assets inventories, accounts receivable, and fixed assets.

With 24iValue, you can minimise the risk of material errors and improve the quality of financial reporting and corporation tax.

Service does not collect information in an automatic way, with the exception of the information contained in cookies, which are necessary to identify our users, the memory settings, keeping session parameters, and improving the Service to its users. If you are familiar with this information, click Close