Onerous Contracts—Cost of Fulfilling a Contract

  • For-profit

Amends NZ IAS 37 to clarify which costs an entity includes in determining the cost of fulfilling a contract, for the purpose of assessing whether the contract is onerous

  • Onerous Contracts - Cost of Fulfilling a Contract – This version is effective for reporting periods beginning on or after
    1 Jan 2022 (early adoption permitted)

    Date of issue: Jun 2020
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