Chedenne wonders whether IAS 10 applies to a favourable contract signed after its reporting date. What is the answer?Your answerAYes, but only if the contract is signed before the profit announcement.BYes: the standard applies to events after the reporting period, whether favourable or unfavourable.CNo: only unfavourable events fall within the standard.DNo: a contract signed after the reporting date belongs only to the next year's accounts, without any analysis.SubmitHint