Complex sentence: Sometimes in IFRS, but not in US GAAP, the term reserve is used instead of the term provision; such a use, however, is inconsistent with the terminology suggested by International Accounting Standards Board.
Split into simpler sentences: Sometimes in IFRS, but not in US GAAP, the term reserve is used instead of the term provision. Such a use is, however, inconsistent with the terminology suggested by International Accounting Standards Board.