The influence of covid-19 on provision measurement given international financial reporting standards

Abstract

This research deals presenting the procedures for accounting measurement of intangible assets in accordance with International Accounting Standard IAS 37 — Provisions, Contingent Liabilities and Contingent Assets. As this article aims to highlight key accounting and financial reporting impacts of COVID-19 to be considered by companies. In that, Provisions are selected as a sample for the study, in that this study relied on the descriptive analytical approach.

Keywords

• Accounting
• Provisions
• Obligation
• Standards
• covid-19