[ShuZhang]

But from the standards,

It stated:
If non-adjusting events after the reporting period are material, 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. Accordingly, an entity shall disclose the following for each material category of non-adjusting event after the reporting period:
(a) the nature of the event; and
(b) an estimate of its financial effect, or a statement that such an estimate cannot be made

From the statement above what I understand is there are both material and non-material non-adjusting events.

Am I wrong?

[ShuZhang]

Thanks a lot!

[ShuZhang]

thank you so much!

[Author]

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