Which of the Following Subsequent Events Would Require an Adjustment

Multiple Choice

Which of the following subsequent events would require an adjustment to the financial statements under IFRS?

A) The company issues shares shortly after year-end.
B) An uninsured fire loss occurred early in the subsequent year.
C) A major customer declares bankruptcy early in the New Year.
D) The company reaches an agreement early in the new year to refinance certain current liabilities over an additional two-year period.