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Hi
If the statements ended 31 march but were approved on 31 august and a reorganisation of an enterprise proposed by a director on 31 January and agreed by the board on the 10 July would this be classified as an adjusting event after the reporting period?
It would have been easier to understand your question if you had put years on the dates.
Let me assume that ALL the 4 dates given are in the same calendar year, say 2013.
The agreement by the board is a subsequent event ……. but what are you going to adjust? This agreement does not fix with greater certainty an amount or estimate in the financial statements, nor does it relate to a condition or situation that existed at the balance sheet date.
It certainly should be fully disclosed in the annual report with all pertinent details
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