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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Question 21.9
Hi John
Thanks for answering my questions as ever. You have helped me so much in my revision and i am nearing the end. I was caught out on this question. As it says IAS 10 events after the reporting period requires all non-adjusting events to be disclosed in the notes to the financial statements , thought it was incorrect. I know that non-adjusting entries are disclosed only when it is material. I chose D but the answer is C
It is a bit of a trick question. It is only called an adjusting or non-adjusting event if it is material.
Thanks John for that.
You are welcome 🙂