Accounting standards
This query is : Open
A.praveen kumar
(Querist)
26 August 2016
For non adjusting events . where should we disclose .is it in notes to accounts or board report
ACA Anurag
(Expert)
26 August 2016
Dear Praveen,
As per IAS -10 non adjusting event should be disclosed in directors report and if such non adjusting event effect going concern then adjustment in books is required, and in case of proposed divided also adjustment in books is required
kindly like if my response has helped you
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A.praveen kumar
(Querist)
26 August 2016
But as per As-4 it should disclose
ACA Anurag
(Expert)
27 August 2016
Dear Praveen,
Kindly read the AS text again
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