Question:Ex has the following post-year-end adjustments after the draft accounts for 31 December 20X1 were prepared. (The accounts were approved 15 March 20X2.)
  Which of the following is to be treated as a non-adjusting event?
  A. An acquisition of a new subsidiary was completed during February 20X2.
  B. Refusal of planning permission during January 20X2 by a local authority on a parcel of land bought for its development potential and recorded at market value in the accounts at 31 December 20X1.
  C. New legislation being enacted in February 20X2 which means that a material part of the company inventory valued at cost at 31 December 20X1 would have required modification.
  D. Receipt of a material settlement during February 20X2 from the liquidator of a customer whose account was written off during 20X1.
  The correct answer is:An acquisition of a new subsidiary was completed during February 20X2.
  This is a non-adjusting event and will warrant disclosure.
  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>>>
 
ACCA网络课程课程专业名称讲师试听
85%的人正在学习该课程ACCA 全维度网课体验课程
实景课堂与独立录制
覆盖所有知识点,根据学习计划推进学习进度
高顿名师
70%的人正在学习该课程ACCA网课全科卡(8.2折)
为零基础刚开始学习ACCA的学员特别定制
高顿名师

展开全文