Annual Report 2017-18 | Monash Health
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Notes to the Financial Statements<br />
<strong>Monash</strong> <strong>Health</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2017</strong>/20<strong>18</strong><br />
Note 8.9: Events occurring after the balance sheet date<br />
Assets, liabilities, income or expenses arise from past transactions or other past events. Where<br />
the transactions result from an agreement between <strong>Monash</strong> <strong>Health</strong> and other parties, the<br />
transactions are only recognised when the agreement is irrevocable at or before the end of the<br />
reporting period.<br />
Adjustments are made to amounts recognised in the financial statements for events which occur<br />
between the end of the reporting period and the date when the financial statements are<br />
authorised for issue, where those events provide information about conditions which existed at<br />
the reporting date. Note disclosure is made about events between the end of the reporting period<br />
and the date the financial statements are authorised for issue where the events relate to<br />
conditions which arose after the end of the reporting period that are considered to be of material<br />
interest.<br />
There have been no significant events after reporting date.<br />
135
Change language