Question：For which of the following material events should the auditor insist that the directors adjust the statement of profit or loss and other comprehensive income or statement of financial position as appropriate?
A. A decision taken by the directors before the year-end to issue ordinary shares and convertible debentures subject to approval at the next annual general meeting with shareholders.
B. Conditional acceptance, by the shareholders of a target company, of a bid invited before the year-end.
C. A year-end receivable balance becoming irrecoverable due to the appointment of a liquidator one week after the year-end.
D. A fall in the current market value of the company's recently acquired main-frame computer due to an announcement by the supplier that it will shortly be launching a new generation of computers.
The correct answer is: A year-end receivable balance becoming irrecoverable due to the appointment of a liquidator one week after the year-end.
This is because it is indicative of events that existed at the year-end (that is, that the customer was in serious financial difficulties and unable to pay).
高顿网校温馨提醒
各位考生，2015年ACCA备考已经开始，为了方便各位学员能更加系统地掌握考试大纲的重点知识，帮助大家充分备考，体验实战，高顿网校开通了全免费的
ACCA题库（包括精题真题和全真模考系统），题库里附有详细的答案解析，学员可以通过多种题型加强练习。
戳这里进入ACCA免费题库>>>
写评论
