Definition of "nonadjusting" [nonadjusting]

• That does not adjust. (adjective)

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• "Any information an entity receives after the date of transition to IFRS about estimates it made under previous GAAP should be treated by it as a "nonadjusting" event after the balance sheet date and accorded the treatment prescribed by IAS 10 (i.e., "disclosure" in footnotes as opposed to "adjustment" of items in the financial statements)."
• "After a series of investiga - (d) Disclose this nonadjusting event in the tions, authorities discovered that when this drug was footnotes. simultaneously used with "BBB," a drug used to regulate hypertension, the patient's blood would clot Answer: (d) and the patient suffered a stroke."
• "Such declaration is a nonadjusting subsequent event and footnote disclosure is required, unless immaterial."