After the date of an entity's financial statements but before they are issued, information becomes available that a receivable's value was impaired at the date of the financial statements. If the amount of the loss is material and can be reasonably estimated,

• A.The loss should be recognized in the financial statements with appropriate disclosure.
• B.The loss should be disclosed in pro forma statements that accompany the historical financial statements.
• C.The nature of the loss and an estimate of the amount of the loss should be disclosed in the financial statements, but the loss should not be recognized.

D.The loss may either be recognized or be disclosed without accrual in the financial statements.