(a)[14]
Draw up a revised statement of financial position as at 31 December 2021.
(b)[7]
Explain the correct accounting treatment of the claim and the legal cost in item 3, referring to the relevant international accounting standard (IAS).
(c(i))[2]
Define what is meant by events after the reporting period.
(c(ii))[1]
State the meaning of adjusting events.
(c(iii))[1]
State the meaning of non-adjusting events.