IAS 37 – Example (restructuring) – ACCA Financial Reporting (FR)

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1. ashrf16 says

   December 26, 2019 at 1:15 pm

   shouldn’t there be a disclosure for the first senerio?

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   • mariakurina says

     July 14, 2020 at 9:59 am

     IAS 37, para.75

     “If an entity starts to implement a restructuring plan, or announces its main features to those affected, only after the reporting period, disclosure is required under IAS 10 Events after the Reporting Period, if the restructuring is material and non?disclosure could reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements, which provide financial information about a specific reporting entity.”

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