Non material adjusting event

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
February 23, 2021 at 6:32 am #611393
Anonymous
Inactive
- Topics: 40
- Replies: 42
If a subsequent event is non material adjusting event is there any adjustment required ?
February 23, 2021 at 8:01 am #611398
Kim Smith
Keymaster
- Topics: 138
- Replies: 8475
No it’s not – this should be obvious from the audit opinion – see page 32 2nd para:

“In our opinion, the accompanying financial statements present fairly, in all MATERIAL respects … “
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.