The disclosures IAS 10 requires for a material non-adjusting event include:
A) the financial effect of the event or, where it is not possible to estimate the effect reliably, a statement to that effect.
B) a description of why the event only came to be known of after reporting date.
C) details of the corporate governance procedures in place to ensure that further information regarding the event is gathered in a timely fashion.
D) the financial effect of the event or, where it is not possible to estimate the effect reliably, a statement to that effect and a description of why the event only came to be known of after reporting date.
Correct Answer:
Verified
Q29: A non-adjusting event is one that:
A) provides
Q30: Karingai Co Plc has been experiencing cash
Q31: Hawk Plc has borrowed substantially in foreign
Q32: The disclosures IAS 10 requires for material
Q34: In the case of a non-adjusting event,IAS
Q36: Subsequent to the reporting date but before
Q36: An adjusting event is one that:
A) occurs
Q37: Cavalier Co Plc is being sued for
Q38: Requirements other than those in IAS 10
Q42: Which of the following material after reporting
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