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provision of services vs rendering of services

Both 'provision of services' and 'rendering of services' are correct phrases that are commonly used in English. They are interchangeable and can be used to refer to the act of providing services.

Last updated: March 22, 2024 • 3082 views

provision of services

This phrase is correct and commonly used in English.

This phrase is used to refer to the act of providing services to someone or a group of people.
  • Ensure proportionality in the treatment of cross-border provision of services.
  • This resulted in a relocation of both industrial production and provision of services.
  • They increase compliance costs to business wishing to engage in cross border sale of goods or provision of services.
  • These resources also support studies, surveys and provision of services that allow the Commission to facilitate better regulation.
  • The resultant legal uncertainty and lack of transparency hamper the provision of services.
  • common requirements for provision of services;
  • The Portuguese legislation does not distinguish establishment from the provision of services of a temporary nature.
  • Rather, these provisions oblige Member States to abstain from maintaining state impediments to the provision of services.
  • Prices shall be based on the cost of efficient provision of services.
  • The additional provision of services in the Romanian and Bulgarian languages also contributes to this important increase.
  • That is also why we propose introducing compulsory licensing for the provision of services in ports.
  • The resultant legal uncertainty and lack of transparency hamper the provision of services.
  • The provision of services has gone down and employment is in the balance.
  • Mr President, we all want to have open borders for the provision of services.
  • These bilateral agreements are therefore incompatible with the principle of the free provision of services.
  • The provision of services based on laws, regulations or employment contracts, should not be covered.
  • For actuaries and risks assessment activities, provision of services through professional establishment only.
  • Introduce in the legislation a differentiation between provision of services through permanent establishment and provision on a temporary basis.
  • Moreover, many activities qualifying as the provision of services of general economic interest have a limited territorial scope.
  • Directive 2005/36/EC also established a new system of free provision of services.

Alternatives:

  • providing services
  • service provision
  • service delivery
  • service offering
  • service supply

rendering of services

This phrase is correct and commonly used in English.

This phrase is used to refer to the act of providing services to someone or a group of people.
  • The rendering of services typically involves the performance by the entity of a contractually agreed task over an agreed period of time.
  • date of supply of goods or rendering of services
  • When IAS 11 applies, the construction contract also includes any contracts or components for the rendering of services that are directly related to the construction of the real estate in accordance with paragraph 5(a) of IAS 11 and paragraph 4 of IAS 18.
  • Paragraph 68 does not preclude recognising a prepayment as an asset when payment for the delivery of goods or services has been made in advance of the delivery of goods or the rendering of services.
  • If the entity is not required to acquire and supply construction materials, the agreement may be only an agreement for the rendering of services in accordance with IAS 18.
  • The rendering of services typically involves the performance by the enterprise of a contractually agreed task over an agreed period of time.
  • Some contracts for the rendering of services are directly related to construction contracts, for example, those for the services of project managers and architects.
  • When the outcome of the transaction involving the rendering of services cannot be estimated reliably, revenue shall be recognised only to the extent of the expenses recognised that are recoverable.
  • cash receipts from the sale of goods and the rendering of services;
  • (c) leasing of personnel and rendering of services, to and from any other parts of the vertically integrated undertaking shall be prohibited.
  • In this case, the entity shall determine whether the agreement is for the rendering of services or for the sale of goods.
  • The agreement is an agreement for the rendering of services
  • Under IAS 18, revenue associated with a transaction involving the rendering of services is recognised by reference to the stage of completion of the transaction if the outcome of the transaction can be estimated reliably.
  • When the outcome of a transaction involving the rendering of services can be estimated reliably, revenue associated with the transaction shall be recognised by reference to the stage of completion of the transaction at the balance sheet date.
  • ordinary shares issued for the rendering of services to the entity are included as the services are rendered.
  • revenue from the sales of goods and the rendering of services (IAS 18.35).
  • the accounting policies adopted for the recognition of revenue, including the methods adopted to determine the stage of completion of transactions involving the rendering of services;
  • in the form of materials or supplies to be consumed in the production process or in the rendering of services.
  • Revenue from sales of goods and rendering of services, income from royalties (excluding revenue from interests and dividends if included in revenue)
  • contracts for the rendering of services which are directly related to the construction of the asset, for example, those for the services of project managers and architects; and

Alternatives:

  • providing services
  • service provision
  • service delivery
  • service offering
  • service supply

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