 This is because these expenditures relate to the future conduct of the business and are thus not liabilities for restructuring to be recognized at the end of the reporting period.the objectives of provision are to be for all expenses and losses even when the amount of such

In American English, the word provision is used as a synonym for "expense", especially when it appears in a phrase that refers to the income tax cost incurred by a business during an income statement period.In income statements, the appearance of provision for income tax would refer to that expense.