Provisions and Contingencies: IAS 37
Description
Provisions arise for many different reasons at all types of entities and are estimates rather than known amounts. Accounting estimates are subject to inherent uncertainties, which can make the accounting more complicated. Therefore, proper accounting for, and disclosure of, these uncertainties and the key assumptions made by management is critical! In this CPE-eligible eLearning course (1.5 CPE), we'll evaluate the requirements for accounting for provisions and contingencies under IAS 37.
Learning Objective(s): By the end of this course, you should be able to:
- Identify when to recognize a provision
- Recall how to measure a provision
- Distinguish between a provision and a contingent liability
- Determine how to account for specific types of provisions
Additional Information
| Last Updated | 03/01/2026 |
|---|---|
| CPE Credit | 1.5 |
| Field of Study | Accounting |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$180
1h 30m
Get this course and everything else in our All-Access Subscription!
Bundle
& SAVE!
Empower your team with our bundled training packages
Our tiered packages for groups of 25 or more include over 200 hours of CPE-qualified training.