Ex-EY ll Financial Reporting ll Consolidation ll IFRS II SAP Migration II Accounting standards implementation
IAS 10, Events After the Reporting Period, provides guidance on how to address events that occur between the end of the reporting period and the date when the financial statements are authorized for issue. This standard distinguishes between adjusting and non-adjusting events, which can have significant implications on the financial statements. Adjusting events provide evidence of conditions that existed at the end of the reporting period and require adjustments to the amounts recognized in the financial statements. Non-adjusting events are indicative of conditions that arose after the reporting period and do not require adjustments but may need disclosure. For more details please click on the below link and subscribe the channel. https://lnkd.in/gY7wNSPz