Answer:
No financial statement revision.
Step-by-step explanation:
Financial statements are a snap shot of the performance of a business within a given period. The period is always defined and can be a month, a quarter, biannual, or a year.
In this instance the financial statements for the previous year has already been prepared, and Advertiser Co.’s directors voted immediately after year end to double the advertising budget for the coming year and authorized a change in advertising agencies.
There will be no revision of financial statement as this activity happened after the year the financial statement is reporting for.