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FRS 21: Events after the balance sheet date

Find links to the accounting standard, technical summaries, useful guides and other resources on FRS 21 collated by ICAEW Library & Information Service.

The accounting standard FRS 21 set out the accounting treatment and disclosures required by reporting entities for events occurring between the balance sheet date and the date when the financial statements are authorised for issue. It was issued by the Accounting Standards Board in May 2004 and subsequently amended in December 2008. FRS 21 replaced SSAP 17 and had the effect of implementing IAS 10: Events After the Balance Sheet Date in the UK.

Topics covering events after the end of the reporting period are covered in Section 32 of FRS 102 under new UK GAAP.

How can I get a copy of this standard?

Consolidated standard

There is no free consolidated version of FRS 21 available online.

However, we can provide copies of the consolidated standard, which includes amendments, through the Library's premium databases by email. Contact us by phone on +44 (0)20 7920 8620 or by email at library@icaew.com for more information.

Unconsolidated standard and amendments as first issued

There is no free unconsolidated version of the standard available online. However, a summary is available on the FRC website, and we can provide print and electronic copies of the original standard or a consolidated version with amendments, subject to licenses.

The following amendment, as first issued, is freely available online:

Improvements to Financial Reporting Standards
Amendment issued by the ASB in December 2008.


Events after the Balance Sheet Date
Summary published by the Financial Reporting Council.

ICAEW guidance and support

Corporate Reporting Faculty
The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants.

FRC news

ASB Issues Standard on Events after the Balance Sheet Date
Press notice issued by the ASB on 20 May 2004.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use. 

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports through our document supply service.

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