Adjusting Events

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..... The following are examples of adjusting events after the reporting period that require an entity to adjust the amounts recognised in its financial statements, or to recognise items that were not previously recognised: * the settlement after the reporting period of a court case that confirms that the entity had a present obligation at the end of the reporting period. The entity adjusts any pre....

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....eriod may give evidence about their net realisable value at the end of the reporting period. * the determination after the reporting period of the cost of assets purchased, or the proceeds from assets sold, before the end of the reporting period. * the determination after the reporting period of the amount of profit-sharing or bonus payments, if the entity had a present legal or constructive o....