The IASB intends to issue a new IFRS [X} Liabilities to replace IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The working draft of the new IFRS was presented in February 2010. Proposed changes are radical and concern the terminology and the criteria for recognizing a liability. The article deals with the issue of proposed amendments in area of provisions in IFRSs. The aim of the article is to present regulations of new IFRS [X] “Liabilities” and to show the main changes in area of provisions in new IFRS.