Liabilities: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 22/8/13) |
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1. ''Financial reporting''. | 1. | ||
''Financial reporting''. | |||
Amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, the provision of services or other yielding of economic benefits in the future. | Amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, the provision of services or other yielding of economic benefits in the future. | ||
2. More generally, obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity). | |||
2. | |||
More generally, obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity). | |||
== See also == | == See also == | ||
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* [[Offset]] | * [[Offset]] | ||
* [[Provision]] | * [[Provision]] | ||
Revision as of 11:29, 22 August 2013
1.
Financial reporting.
Amounts or obligations of a reporting entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, the provision of services or other yielding of economic benefits in the future.
2.
More generally, obligations or amounts owed to others (whether or not they are obligations of a financial reporting entity).
