+57 300 8999830

Día: 1 de julio de 2022

IAS 37 Provisions, Contingent Liabilities and Contingent Assets

Other common contingent liabilities are guarantees of the debts of others,potential adverse judgments in litigation,and currently contested tax liabilities or audits. Lenders sometimes request a list of all contingent liabilities when evaluating a borrower’s financial strength. Such contingency is neither recorded on the financial statements nor disclosed to the investors by the management. This shows […]

Leer más