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QUESTION 4 The disclosures that AASB 110 requires for a material non-adjusting event include: the financial effect of the event or, where it is not

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QUESTION 4 The disclosures that AASB 110 requires for a material non-adjusting event include: the financial effect of the event or, where it is not possible to estimate the effect reliably, a statement to that effect. a description of why the event only came to be known of after the reporting date. details of the corporate governance procedures in place to ensure that further information regarding the event is gathered in a timely fashion. adjustments to the financial statements to the extent that it can be quantified

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