The Procedure for Recognizing Liabilities in Accounting
Keywords:
accounting, liabilities, balance, cost, recognition, international financial reporting standards
Abstract
This article discusses the economic nature of liabilities and the procedure for recognizing them. The study clarified key issues related to the recognition of obligations and suggested ways to address them.
References
1. Conceptual Framework for Financial Reporting. F 4.46. https://www.ifrs.org/
2. Olena Podolianchuk, Tetiana Plakhtii, Nataliya Gudzenko. Current liabilities and their accounting in the attracted capital management system. // Baltic Journal of Economic Studies. Vol. 5, No. 3, 2019
3. D. Coetsee. The underlying concepts of the definition of a liability in financial reporting: A doctrinal research perspective. // South African Journal of Accounting Research. Volume 35, 2021 - Issue 1
4. Mary S. Hill, Richard A. Price, George W. Ruch. An Alternative Approach to Distinguishing Liabilities from Equity. //Accounting Horizons (2021) 35 (1): 65–85.
5. Ayca Zeynep Suer. The Recognition of Provisions: Evidence from BIST100 Non-financial Companies. //Procedia Economics and Finance. Volume 9, 2014, Pages 391-401
2. Olena Podolianchuk, Tetiana Plakhtii, Nataliya Gudzenko. Current liabilities and their accounting in the attracted capital management system. // Baltic Journal of Economic Studies. Vol. 5, No. 3, 2019
3. D. Coetsee. The underlying concepts of the definition of a liability in financial reporting: A doctrinal research perspective. // South African Journal of Accounting Research. Volume 35, 2021 - Issue 1
4. Mary S. Hill, Richard A. Price, George W. Ruch. An Alternative Approach to Distinguishing Liabilities from Equity. //Accounting Horizons (2021) 35 (1): 65–85.
5. Ayca Zeynep Suer. The Recognition of Provisions: Evidence from BIST100 Non-financial Companies. //Procedia Economics and Finance. Volume 9, 2014, Pages 391-401
Published
2022-01-29
How to Cite
Amirov, A. (2022). The Procedure for Recognizing Liabilities in Accounting. International Journal on Economics, Finance and Sustainable Development, 4(1), 147-151. Retrieved from https://journals.researchparks.org/index.php/IJEFSD/article/view/2677
Section
Articles
