There are several events associated with the accounting for provisions: Recognition of a provision: In most cases, you should recognize a provisionin profit or loss.Sometimes, a provision is recognized in the cost of another asset, for example, provision for removing the asset and restoring the ...
There are several events associated with the accounting for provisions: Recognition of a provision: In most cases, you should recognize a provisionin profit or loss.Sometimes, a provision is recognized in the cost of another asset, for example, provision for removing the asset and restoring the ...