Please tell me, what is decommissioning liability?
thanks in advance
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(Guest)
frankly saying i was not known about this and i searched it on google and found the answer
IFRS 1 requires estimates made under previous GAAP to be revised if necessary to comply with IFRS, but they should reflect conditions at the date of transition. For example, a decommissioning liability that was not discounted under the previous GAAP should be restated to net present value on the opening IFRS balance sheet.
Obligación de ... no entiendo a qué se refiere.
Muchas gracias!
the link is
https://www.proz.com/kudoz/english_to_spanish/accounting/2727593-decommissioning_liability.html
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