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Events after the reporting period

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Events after the reporting period

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
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  • January 4, 2016 at 8:30 am #293394
    asmafayaz84
    Participant
    • Topics: 2
    • Replies: 0
    • ☆

    Between the year 30 Nov 2008 and 31st jan 2009 ,the date when the financial statements were approved by directors the following information were received
    1) A customer had commenced legal action against the company for providing faulty product in Dec 2008
    2) An ex employee was suing them for the unfair dismissal in November 2008
    Can any1 help me with this question how will we treat the 2 cases .

    January 4, 2016 at 5:30 pm #293438
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    I do suggest that you watch our free lectures on IAS 10

    Our free lectures are a complete course for Paper F3 and cover everything you need to be able to pass the exam well.

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