Ias 38 – 2021 Issued ifrs standards (Part A)

(a)
it is probable that the expected future economic benefits that are
attributable to the asset will flow to the entity; and
(b)
An entity shall assess the probability of expected future economic benefits
using reasonable and supportable assumptions that represent
management’s best estimate of the set of economic conditions that will
An entity uses judgement to assess the degree of certainty attached to the flow
of future economic benefits that are attributable to the use of the asset on the
basis of the evidence available at the time of initial recognition, giving greater
weight to external evidence.
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