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IAS 10 Events after the Reporting Period By Mr. Conor Foley, B. Comm., MAcc., FCA, Dip IFR Examiner: Formation 2 Financial Accounting This article provides information and application in relation.

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How to fill out the IAS 10 Events After The Reporting Period online

Filling out the IAS 10 Events After The Reporting Period form is essential for accurately reflecting events that occur between the end of a reporting period and the issuance of financial statements. This guide provides step-by-step instructions to help users comprehensively complete the form online, ensuring clarity and compliance with accounting standards.

Follow the steps to accurately complete the IAS 10 form online.

  1. Press the ‘Get Form’ button to access the IAS 10 Events After The Reporting Period form and open it in the designated online editor.
  2. Review the introductory section of the form, which outlines the purpose of the IAS 10 and the types of events you will need to consider: adjusting and non-adjusting events.
  3. In the first section, provide details of any adjusting events. Describe the event and ensure to specify how it affects the financial statements, referring to the relevant paragraphs of IAS 10 as necessary.
  4. Next, move to the non-adjusting events section. Indicate any non-adjusting events that occurred after the reporting period, providing an explanation and potential financial impact.
  5. If there are any dividends declared after the reporting period, document these in the appropriate section and clarify that they should not be recognized as a liability at the end of the reporting period.
  6. Complete the final section of the form where required disclosures must be made. Include details about the authorization of the financial statements and any additional notes relevant to understanding the reporting period.
  7. Once all sections of the form have been completed, ensure to review your entries for accuracy. Save your changes, and at this point, you may choose to download, print, or share the completed form as needed.

Start completing your IAS 10 Events After The Reporting Period form online today to ensure accurate reporting.

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Event after the reporting period is favorable or unfavorable event that occurs between : The end of the reporting period and. The date that the financial statements are authorised for issue.

Examples of adjusting events include: • events that indicate that the going concern assumption in relation to the whole or part of the entity is not appropriate; • settlements after reporting date of court cases that confirm the entity had a present obligation at reporting date; • receipt of information after reporting ...

Events after the reporting period include all events up to the date when the financial statements are authorised for issue, even if those events occur after the public announcement of profit or of other selected financial information.

Adjusting events are those providing evidence of conditions existing at the end of the reporting period, whereas non-adjusting events are indicative of conditions arising after the reporting period (the latter being disclosed where material).

The two types of events are: those that provide evidence of conditions that existed at the end of the reporting period (adjusting events); and. those that are indicative of conditions that arose after the reporting period (non-adjusting events).

There are generally two types of subsequent events. 1)The first is a recognized event whereas the second is a non-recognized event. Recognized or type 1 subsequent events are typically events that occurred at the financial statement date. But that may have concluded after the year end.

Examples of adjusting events given in IAS 10 are the resolution of a court case, as the result of which a provision has to be recognised instead of the disclosure by note of a contingent liability; evidence of impairment of assets; bankruptcy of a major customer;

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232