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How much of the costs can be included in any provision

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Question - Rhine plc has decided to restructure its operations. It is estimated that this will cost £5 million, which is made up as follows:

 

£m

Redundancy payments to staff no longer required

2.3

Retraining remaining employees

0.8

Investing in new systems

1.9

 

5.0

According to IAS 37, Provisions, contingent liabilities and contingent assets, how much of the above costs can be included in any provision for restructuring?

Reference no: EM133051868

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