A customer made a claim for $80,000 for losses suffered by the late delivery of goods. Of this amount $60,000 was directly associated with the goods to be delivered before the year end. Explain how this would be dealt with under IAS10? After the year end a substantial quantity of inventory was destroyed by fire. The loss was not adequately.covered by insurance. This event is likely to threaten the ability of the business to continue as a going concern. Discuss the matters to bs.considered in deciding under IAS10. The business entered a favourable contract after the year and that would see its profits increase by 15% over the next three years. Explain how this should be dealt with under IAS102 A customer made a claim for $80,000 for losses suffered by the late delivery of goods. Of this amount $60,000 was directly associated with the goods to be delivered before the year end. Explain how this would be dealt with under IAS10? After the year end a substantial quantity of inventory was destroyed by fire. The loss was not adequately.covered by insurance. This event is likely to threaten the ability of the business to continue as a going concern. Discuss the matters to bs.considered in deciding under IAS10. The business entered a favourable contract after the year and that would see its profits increase by 15% over the next three years. Explain how this should be dealt with under IAS102