毕马威：2024会计准则重大变化变动：对《国际会计准则第37号》的修订建议（英文版）（13页）.pdf

1、Provisions Major accounting changes on the horizonProposed amendments to IAS 20242 2024 KPMG IFRG Limited,a UK company limited by guarantee.All rights reservedProvisions Major accounting changes on the horizonWhats the issue?As the business world evolves,companies may face additional challenges when

2、 accounting for more complex transactions and uncertainties.Accounting for provisions is one such area that has prompted the following long-standing questions.How do you determine if a present obligation exists and when do you recognise a provision?Which costs do you include in measuring a provision

3、?Which rate do you use in discounting a long-term provision?In response,the International Accounting Standards Board(IASB)is proposing to clarify the related requirements in IAS 37 Provisions,Contingent Liabilities and Contingent Assets and withdraw IFRIC 21 Levies.Whats the impact?Under the proposa

4、ls:some provisions could be recognised earlier,progressively;and some provisions may become larger.The impact of the proposals would depend on the nature of a companys obligations and its existing accounting policies.New judgements would be required e.g.to estimate whether future thresholds are expe

5、cted to be met for threshold-based obligations.Companies should:consider the proposals;assess their potential impact;andprovide feedback to the IASB.Use this guide to help with the analysis.Whats next?.Which three key areas do the IASBs proposals address?When to recognise a provisionThree new tests

6、for present obligations:Obligation test Three new tests for present obligations:Transfer test Three new tests for present obligations:Past event test What is proposed for threshold-based obligations?Which costs to include in measuring a provisionWhich rate to use in discounting a long-term provision