Page 236 - F3 -FA Integrated Workbook STUDENT 2018-19

Chapter 17

6.2 Examples of adjusting and non-adjusting events

Adjusting events Non-adjusting events

1 Discovery of errors or fraud that Fluctuations in tax/exchange rates
occurred during the reporting period

2 Resolution of an insurance claim or Issue of shares
court case that confirms an obligation
at the reporting date

3 Major customers going into Fire or flood after the reporting date
liquidation

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