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Is it compulsory to show a provision on the face of the balance sheet/statement of financial position? Can I include it in a note instead of the face of the balance sheet?
in IAS 1 - Presentation of Financial Statements by

1 Answer

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As per IAS 1.54 provisions must be presented as a line item on the face of the balance sheet. If there are many provisions, the break-up could be given in the note.
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