Accounting for provisions and disclosing of contingencies

Overview

The training will include presentations on the following topics: definitions of provision, contingent liabilities and contingent assets and guidance for distinguishing between them, measurement requirements and particularities, disclosure requirements for provisions and contingencies, comments on onerous contracts and restructuring provisions, ongoing developments by IASB related to provisions. The technical presentation will include parallels between the IFRS and Romanian GAAP requirements and will be followed by complex examples of decisions related to recognition and measurement of provisions and contingent liabilities. The training will include also a Q&A session to address the specific technical issues raised by the participants.

Who should attend?

People involved in financial reporting in accordance with IFRS or Romanian GAAP.

When and where?

The date for this training was not scheduled yet. If you are interested to attend this training please contact us at the.academy@ro.pwc.com and we will inform you on training's date as soon as it will be scheduled.

The training will be organized in PwC Bucharest Office - Barbu Vacarescu, 301-311, Lakeview Building, 8th floor. Attendance will also be possible by video-conference from PwC offices in Cluj-Napoca and Timisoara.

 

PwC Offices Addresses:
 

PwC office in Bucharest
Lakeview Building
301-311 Barbu Vacarescu
8th floor, 020276
Bucuresti
PwC office in Cluj-Napoca
Maestro Business Center
104, 21 Decembrie 1989 Boulevard
8th floor, 400124
Cluj-Napoca
PwC office in Timisoara
City Business Centre
10 Coriolan Brediceanu Street
5th floor, 300011
Timisoara

How much does it cost?

Your investment for this module will be 200 EUR if attending in our Bucharest office. For people attending the training by video conference, the fee will be 100 EUR. Discounts of 10% apply when registering with more than 10 days before the training. An additional discount of 5% applies for groups of two participants or 10% for group of three participants or more from the same company or group of companies.