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M22077 - Accounting for provisions and contingencies (Online)

  • 29 Sep 2022
  • 09:30 - 11:30
  • Online Webinar


Registration is closed
Registration Time: 09:15
Sessions Time: 09:30 - 11:30 (No break)
Speaker: Mr Georges Xuereb
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €28.00
Non-MIA Members: €50.00
Retired Members: €15.00
Students: €20.00

*Group bookings for 3 or more participants available.


IAS 37 Provisions, Contingent Liabilities and Contingent Assets sets out the requirements for the recognition and measurement of liabilities of uncertain timing or amount (referred to as provisions), and describes the accounting for specific types of provisions such as restructuring, decommissioning, and onerous contract provisions. The standard also prescribes the disclosure requirements for contingent assets (possible assets) and contingent liabilities (possible obligations). During this session we will be going through the standard accompanied with case studies and worked examples to help illustrate the accounting of provisions in practice. We will also be discussing possible changes to the standard in the near to medium term.

Specific topics to be covered during the session 

IAS 37 Provisions, Contingent Liabilities and Contingent Assets

Why is the session of relevance to our members?

The session provides the participants with both the theoretical underpinnings and practical considerations emanating from IAS 37.

Target Audience

Practitioners in industry, students and all those in the profession.

    Speaker's Profile

    Georges Xuereb is a Certified Public Accountant and forms part of the Accounting Advisory Services team at KPMG Malta, holding the role of a Senior Manager and providing technical IFRS advice and assistance to local and foreign clients operating in various industries. Georges also delivers technical training on IFRS matters internally and to his clients, and lectures the Financial Reporting (FR) and Strategic Business Reporting (SBR) modules which form part of the ACCA qualification.


    2 Hours Core


    Terms and conditions  apply


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    Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use

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