Official government website of the Government of the Kingdom of Saudi Arabia
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SOCPA Approves the IASB’s Amendments of on IAS No. 37

SOCPA Approves the IASB’s Amendments of on IAS No. 37

SOCPA Approves the IASB’s Amendments of on IAS No. 37

SCOPA approved the amendments made by the IASB to IAS 37 "Provisions, Contingent Liabilities and Contingent Assets".
The amendments were limited to clarifying "cost of fulfilling a contract" when determining onerous contracts. 


These amendments can be viewed by clicking here.

Last Update On: 03 Aug 2021