EVENTS AT THE END OF REPORTING PERIOD

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Created by
ARLA

Cards (4)

  • 2 TYPES OF EVENTS AFTER THE REPORTING PERIOD?
    ADJUSTINGA AND NON ADJUSTING
  • are those that provide evidence of conditions that existed at the end of the reporting period
    ADJUSTING EVENTS AFTER THE REPORTING PERIOD
  • those that are indicative of conditions that arose after the reporting perio
    non adjusting events after the reporting period
  • declared after the reporting period are not recognized as liability at the end of the reporting period
    dividend