ACCA SBR ^UK Syllabus C. Reporting The Financial Performance Of A Range Of Entities - Provisions and contingencies - Notes ^{10 / 24}

Section 21 of FRS 102 Provisions and Contingencies also applies to financial guarantee contracts, but these are covered in IFRS 9 Financial Instruments rather than IAS 37 Provisions, Contingent Liabilities and Contingent Assets.

FRS 102 provides limited guidance on accounting for restructurings whereas IAS 37 has more detailed guidance.