Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Provisiones y Reservas: Normas Contables

6 Questions

1 Views

Provisiones y Reservas: Normas Contables

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

¿Cuál es el estándar de contabilidad internacional que trata sobre provisiones, pasivos contingentes y activos contingentes?

IAS 1: Presentación de estados financieros

IAS 37: Provisiones, pasivos contingentes y activos contingentes (correct)

ASC 505: Patrimonio

IFRS 450: Contingencias

¿Cuál es el estándar de contabilidad de los Estados Unidos que trata sobre contingencias?

IFRS 1: Presentación de estados financieros

ASC 450: Contingencias (correct)

IAS 37: Provisiones, pasivos contingentes y activos contingentes

ASC 505: Patrimonio

¿Cuál es el estándar de contabilidad internacional que trata sobre reservas?

No hay un estándar específico (correct)

IAS 1: Presentación de estados financieros

IAS 37: Provisiones, pasivos contingentes y activos contingentes

IFRS 450: Contingencias

¿Cuál es el estándar de contabilidad de los Estados Unidos que trata sobre patrimonio?

ASC 505: Patrimonio Signup and view all the answers

¿Cuál es la norma que establece los requisitos para el reconocimiento de provisiones?

Es probable que se requiera un flujo de salida de recursos para liquidar la obligación Signup and view all the answers

¿Cuál es la principal diferencia entre provisiones y reservas?

El propósito de la asignación de recursos Signup and view all the answers

Study Notes

Provision and Reserve Accounts: Accounting Standards

Provisions:

A provision is a liability of uncertain timing or amount
Recognized when:
- It is probable that an outflow of resources will be required to settle the obligation
- A reliable estimate can be made of the amount of the obligation
Accounting standards for provisions:
- IAS 37: Provisions, Contingent Liabilities and Contingent Assets
- US GAAP: ASC 450: Contingencies

Reserves:

A reserve is an appropriation of retained earnings for a specific purpose
Not a liability, but rather a allocation of profits
Accounting standards for reserves:
- IFRS: No specific standard, but reserves are addressed in IAS 1: Presentation of Financial Statements
- US GAAP: ASC 505: Equity

Key differences between provisions and reserves:

Provisions are liabilities, while reserves are appropriations of retained earnings
Provisions are recognized when probable and estimable, while reserves are created when profits are allocated for a specific purpose
Provisions are expensed when incurred, while reserves are not expensed and remain as equity

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

Aprende a distinguir entre provisiones y reservas en la contabilidad. Descubre las normas contables que las rigen, como IAS 37 y US GAAP, y entiende las diferencias clave entre ellas.