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IAS 10 Events after the Reporting Period

IAS 10 Events after the Reporting Period prescribes when an entity should adjust its financial statements for events after the reporting period and the disclosures that an entity should give about the date when the financial statements were authorised and about events after the reporting period.

Revised December 2003. Effective 1 January 2005.

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Events occurring between the reporting date and the date on which the financial statement are authorised for issue should be classified as either adjusting or non-adjusting events.

  • Adjusting events provide further evidence of conditions that existed at the reporting date, and result in adjustment to the financial statements.
  • Non-adjusting events are indicative of a condition that arose after the end of the reporting period and do not result in adjustment to the financial statements. They should be disclosed if of such importance that non-disclosure would affect the ability of the users to make proper evaluations and decisions.
  • Where events after the reporting period indicate that the going concern assumption is not appropriate, these are adjusting events.
  • A dividend declared after the reporting period is a non-adjusting event.

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The following interpretations refer to IAS 10



How to distinguish adjusting from non-adjusting events after the reporting period under IAS 10
This guide outlines factors to consider when determining whether post balance sheet events are adjusting or non-adjusting in the accounts.


Bitesize Briefing: COVID 19 and post balance sheet events
Financial Reporting Faculty, April 2020
Suitable for both UK GAAP and IFRS reporters, this short webcast outlines the factors to consider in deciding whether COVID-19 is an adjusting or non-adjusting event after the reporting period.

This page was last updated 23 May 2022.