A decline in market value of investments between the reporting period and the date the financial report is authorised for issue is typically an adjusting event.

Name: A decline in market value of investments between the reporting period and the date the financial report is authorised for issue is typically an adjusting event.
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Question

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A decline in market value after the reporting period is a non-adjusting event because it reflects conditions that arose after the reporting period.

A Decline in Market Value of Investments Between the Reporting