Slides from this class: https://professorquintino.com.br/slid... Video text: https://professorquintino.com.br/slid... Link to the video on deferred taxes: • Deferred taxes. Assets and liabilities f... Link to the real profit video: • 59 - Real profit (Taxation by profit... Content: 00:08 - Definition 00:19 - Provision. What is it? 00:37 - Remembering about liabilities 01:34 - Old concepts about provision 02:00 - CPC25 - updates the understanding 03:18 - Talking about provision 03:52 - Provision - recognized jpa obligation 0411 - Accounting 04:25 - Outlining 05:00 - Noting in the explanatory notes 05:12 - Dealing with contingent liabilities 05:30 - Difference between provision and contingent liabilities 06:00 - Probability of occurrence of obligations 07:17 - Universe of contingent liabilities 07:48 - Universe of provision 08:32 - Teacher's intervention - Exercise nº 1 09:05 - Answer to exercise #1 09:38 - Exercise #2 10:47 - Presentation in the ledgers 11:14 - Explanatory notes 11:26 - Contingent assets 12:00 - Accounting treatment of contingent assets 12:40 - Closing 12:48 - Final clip ------------------------------------------- On this website of Professor Quintino 🔗(https://professorquintino.com.br), 🔎you will find the channel's videos organized by discipline and in sequence, according to the syllabuses of the academic disciplines. Visit: https://professorquintino.com.br -------------------------------------------- Subscribe to the channel at this link: 👊 / @professorquintino -------------------------------------------- Become a member of the channel. Click on this 🔗 link: / @professorquintino --------------------------------------------- In the following list, there are the links to access the videos, organized in order, according to the main syllabuses of the subjects explored on the channel. 🔗 Video that brings together all subjects: • Video links, organized in sequence... 📕 Basic Accounting: • Basic Accounting. Video links... 📗 Intermediate Accounting: • Intermediate Accounting. Video links... 📚 Advanced Accounting: • Advanced Accounting. Video links... 📘 Cost Accounting: • Cost Accounting. Video links... 📙 Tax Accounting: • Tax Accounting. Video links... 💸 Accounting and Public Budget: • Accounting and Public Budget. Li... 📔 Accounting Theory: • Accounting Theory. Links to videos... 📒 Analysis of Financial Statements: • Analysis of Financial Statements. ... 🌎 Economics: • Economics. Links to videos, in sequence... 📈 Financial and Capital Market: • Financial and Capital Market. Lin... 💰 Financial Education: • Financial Education. Links to videos... ------------------------------------------------ Topics covered: provision, contingent liability, contingent asset, how to recognize a provision, when to recognize a provision, probable obligation, possible obligation, remote obligation, liability, asset, present obligation, past events, future events, disbursement, cpc25, pecld, provision for doubtful debts, explanatory notes, accounting treatment, reliable estimate, balance sheet, ledgers,