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Lawsociety. bc.ca/page. cfm cid 4089 t LawSociety-Rules-2015. Code of Professional Conduct for British Columbia the BC Code. Articled students permitted to act as commissioners for taking affidavits. Effective September 1 2015 articled students and temporary articled students are prescribed as persons who are commissioners for taking affidavits in British Columbia B.C. Reg. 142/2015 pursuant to s. The Societies Act S.B.C. 2015 c. 18 which will come into force on November 28 2016 B.C. Reg....
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What is provisions to be considered?
Provisions to be considered are liabilities or expenses that are likely to occur in the future.
Who is required to file provisions to be considered?
Companies and individuals who anticipate future liabilities or expenses are required to file provisions to be considered.
How to fill out provisions to be considered?
Provisions to be considered can be filled out by estimating the amount of the liability or expense and recording it in the financial statements.
What is the purpose of provisions to be considered?
The purpose of provisions to be considered is to ensure that future liabilities or expenses are accounted for and properly reflected in the financial statements.
What information must be reported on provisions to be considered?
Information such as the estimated amount of the liability or expense, the reason for the provision, and any relevant supporting documentation must be reported on provisions to be considered.
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