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Admin31.07.2021

IAS 10 — Reissue of financial statements

Declaration of bankruptcy by a long outstanding receivable after the reporting date may provide evidence that the receivable was impaired at the reporting date.
8801
Admin03.08.2021

Events after Audit Reporting Period: Post Audit Responsibilities

Financial statements may be adjusted to reflect accounting for those errors or frauds that relate to the present or prior reporting periods under IAS 8 Accounting Policies, Changes in Accounting Estimates, and Errors.
2604
Admin21.08.2021

IAS 10 — Reissue of financial statements

The first being that if regulatory rules are being brought into IFRS, then the staff analysis seems to be the right approach, however the second key argument was to do nothing and leave in the realm of the regulator since the issue of dual dating was not for IFRS to deal with.
42010
Admin28.07.2021

Correction of an Error in Financial Statements

Impairment may be recognized in the financial statements by reducing the amount of receivable to its recoverable amount if any.
9208
Admin11.07.2021

Events after Audit Reporting Period: Post Audit Responsibilities

oversight or misuse of facts that existed at the time the financial statements were prepared.
3008
Admin05.07.2021

Correction of an Error in Financial Statements

In addition, I consult with other CPA firms, assisting them with auditing and accounting issues.
33010
Admin17.07.2021

Events after Audit Reporting Period: Post Audit Responsibilities

And are there situations where a prior period adjustment is improper? Declaration of dividends after the reporting date does not indicate the existence of liability to pay dividends at the reporting date.
1908
Admin10.08.2021

Correction of an Error in Financial Statements

Adjusting Events Adjusting events are those events that provide further evidence about conditions that existed at the end of the reporting period.
5205
Admin14.08.2021

Events after Audit Reporting Period: Post Audit Responsibilities

If a single period financial statement is issued, disclose the effects of the restatement on beginning retained earnings and net income from the preceding period.
Admin23.08.2021

Correction of an Error in Financial Statements

Discovery of Omitted Procedure After the date of the audit report, the auditor may conclude that one or more auditing procedures considered necessary in the circumstances were omitted from the audit.
2709
Admin31.08.2021

IAS 10 — Reissue of financial statements

DTTL does not provide services to clients.
6605