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In auditing; what are the two types of subsequent events ( post-balance sheet review)?

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Question added by Fathi Matbaq , Senior Purchasing Officer , Alghanim Industries
Date Posted: 2016/02/17
Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

*  Adjusting events giving- conditions existing at the balance sheet date

* Non adjusting events- providing conditions not existing at the balance sheet date

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