Welcome to the website of the IFRS Foundation and the IASB

Monday 30 November 2015

Banner graphic

Liabilities—amendments to IAS 37

Non-financial liabilities

 Liabilities—amendments to IAS 37

The Conceptual Framework defines liabilities. IAS 37 Provisions, Contingent Liabilities and Contingent Assets deals with when, or if, liabilities should be recognised as a result of some of the less certain events that an entity might be associated with, such as being a party of a lawsuit or having some responsibility for environmental remediation.

/* IE11 Fix for SP2010 */ if (typeof (UserAgentInfo) != ‘undefined’ && !window.addEventListener) { UserAgentInfo.strBrowser = 1; }