Events that are indicative of conditions arising after the reporting period are called
AAdjusting events
BExtraordinary events
CPrior period items
DNon-adjusting events
Answer & Solution
Correct answer: D. Non-adjusting events
Conditions that arose only after the reporting period make the event non-adjusting.
Keep practising Ind AS 10 Events after the Reporting Period
Browse all Ind AS 10 Events after the Reporting Period questions for CA Final, or explore more Financialreporting topics.
Related questions
Appendix A applies only where all owners of the same class of equity areA non-cash dividend liability is recognised once the dividend isOn settling a non-cash dividend, the difference between asset and payable goes toWith a cash or non-cash choice, the dividend payable weighs fair value andA liability to pay a non-cash dividend is measured at theAppendix A to Ind AS 10 deals with the distribution ofInd AS 10 says 'approval for issue' where IAS 10 saysThe Ind AS 10 loan-waiver rule differs from IAS 10 because of changes made in