Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What is a prior period adjustment?

user-image
Question ajoutée par Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date de publication: 2016/06/27
Razeen  Ridhwan
par Razeen Ridhwan , Deputy Chief of Flight Safety (DGCA approved Post Holder) , Span Air Pvt Ltd

A prior period adjustment can be one of the following two items: The correction of an error in the financial statements that were reported for a prior period; or. Adjustments caused by the realization of the income tax benefits arising from the operating losses of purchased subsidiaries before they were acquired.

More Questions Like This