Year-End Provisions - Compliance with IAS 37 and Accounting for Employee Benefits under IAS 19

This visual offers a streamlined overview of IAS 37 (Provisions) and IAS 19 (Employee Benefits), focusing on key terms such as Onerous Contracts, Constructive Obligations, Employee Benefits, and Post-Employment Benefits. Designed for finance professionals and students, this clear depiction helps users quickly grasp the foundational elements of each standard, enhancing understanding of how provisions and employee benefit obligations are accounted for under IFRS guidelines.