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If behavioural leadership studies are correct,then:
Adjusting Event
An event occurring after the reporting period that provides additional evidence about conditions that existed at the end of the reporting period.
Non-Adjusting Event
An event that occurs after the reporting period that does not necessitate adjustments to the financial statements because it does not provide new information about conditions at the end of the reporting period.
Doubtful Debts Expense
An accounting concept referring to the provision a company makes to account for amounts it expects will not be collected from debtors.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
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