Provision and Quorum: Difference between pages

Latest revision as of 17:06, 29 January 2014

The minimum number of members/ persons who are required to be present in order to legally transact or conduct business.

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-. ''Accounting''.
+The minimum number of members/ persons who are required to be present in order to legally transact or conduct business.
-A form of liability where there is uncertainty as to the amount and timing of final settlement.
-Relevant accounting standards include IAS 37 and Section 21 of FRS 102.
-. ''Accounting''.
-A reduction in the carrying amount, or net book value, of an asset to recognise an estimated reduction in value.
-Examples include bad debt provisions and provisions for depreciation.
-. ''Law''.
-A significant individual part of a law, for example a tax anti-avoidance provision.
-. ''Contract law''.
-A significant individual part of a contract, for example a clause or a term in a contract.
 == See also ==
-* [[Accrual]]
+* [[Company]]
-* [[Anti-avoidance provision]]
-* [[Bad debt provision]]
-* [[Book reserve]]
-* [[Call provision]]
-* [[Depreciation]]
-* [[FRS 102]]
-* [[General provision]]
-* [[IAS 37]]
-* [[Liabilities]]
-* [[Make whole provision]]
-* [[Term]]
-* [[Zero rate provision]]
+[[Category:Treasury_operations_infrastructure]]
 [[Category:Compliance_and_audit]]