If information relates to an event that occurs after the reporting period, when and why should it

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If information relates to an event that occurs after the reporting period, when and why should it be detailed in the notes to the financial statements?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 15, 2023 05:05 PM

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If information relates to an event that occurs after the reporting period, when and why should it

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Such an event would be a nonadjusting or type 2 event Nonadjusting events should be disclosed in the notes to the financial statements with a descript...View the full answer

Financial Accounting

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