Hi,
If an event does not provide evidence at the BS date and is not material , should we treat it as a non adjusting event and make a disclosure ?
Is materiality a factor in determining whether an event is adjusting or non adjusting ?
Ask the Tutor ACCA AA
Non adjusting event
Materiality does not determine whether an event is adjusting or non-adjusting.
You would not have to make disclosures about non-material events.
Sign into reply to this topic.
