Treatment of Events after Reporting Period

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Treatment of Events after Reporting Period - Some special Events

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....asis or NRV basis, if management determines after the reporting period either that it intends to liquidate the entity or to cease trading, or that it has no realistic alternative but to do so - It should consider as adjusting events. Deterioration in operating results and financial position after the reporting period may indicate a need to consider whether the going concern assumption is still ap....

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....ability at the end of the reporting period. If dividends are declared after the reporting period but before the financial statements are approved for issue, the dividends are not recognised as a liability at the end of the reporting period because no obligation exists at that time. Such dividends are disclosed in the notes in accordance with Ind AS 1, Presentation of Financial Statements. Note -....

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Treatment of Events after Reporting Period - Some special Events