The period covered by AASB 110 Events After the Reporting Period is from:
A) date of the report to date of release to shareholders.
B) reporting date to date financial report is authorised for issue.
C) balance date to reporting date.
D) balance date to date financial reports are presented to the board of directors.

Question

Quizplus · Accepted Answer

AASB 110 Events After the Reporting Period covers the period from the reporting date to the date the financial report is authorised for issue. It is important for entities to disclose any significant events that occurred during this period that may impact the business and financial position of the entity.

The Period Covered by AASB 110 Events After the Reporting