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Which is not an objective of pas

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Reference no: EM132712076

Problem 1: Which of the following is not an objective of PAS 10?

A. To prescribe when an entity should adjust its financial statements for events after the reporting period

B. To prescribe how an entity should distinguish favorable events from unfavorable

C. To prescribe the disclosures that an entity should give about the date when the financial statements were authorized for issue and about events after the reporting period

D. To require an entity should not prepare its financial statement on a going concern basis if events after the reporting period indicate the going concern assumption is not appropriate

Reference no: EM132712076

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