CERTYNEX IFRS ACADEMY

After the reporting date but before authorisation for issue, Norvaline learns new information about an uncertain tax treatment. Which standard determines whether this is an adjusting event?

IAS 37, the matter relating to provisions.

IAS 12 alone, which sets the date of each event.

IAS 10, which determines whether the subsequent event is adjusting or not.

IAS 8, which always requires restatement.