(Created page with "{{this}} 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...") |
|||
| Line 15: | Line 15: | ||
|name=IAS 10 Events aft the Reporting Period | |name=IAS 10 Events aft the Reporting Period | ||
|parent=t:IFRS | |parent=t:IFRS | ||
| − | |sort= | + | |sort=10010 |
|level=1 | |level=1 | ||
|keywords=IAS, IFRS, Standard, Financial, Accounting | |keywords=IAS, IFRS, Standard, Financial, Accounting | ||
|description=IAS 10 prescribes when an entity should adjust its financial statements for events after the reporting period and the associated disclosures required | |description=IAS 10 prescribes when an entity should adjust its financial statements for events after the reporting period and the associated disclosures required | ||
}} | }} | ||
IAS 10 Events aft the Reporting Period prescribes:
Events after the reporting period are those events, favorable and unfavorable, that occur between the end of the reporting period and the date when the financial statements are authorized for issue. The two types of events are:
An entity adjusts the amounts recognized in its financial statements to reflect adjusting events, but it does not adjust those amounts to reflect non-adjusting events. If non-adjusting events after the reporting period are material, IAS 10 Events aft the Reporting Period prescribes disclosures.
IAS 10 Events aft the Reporting Period is Copyright: IFRS Foundation
| ID | Name | Level | x |
|---|---|---|---|
| IFRS | International Financial Reporting Standards | 0 | IFRS |
| IAS10 | IAS 10 Events aft the Reporting Period | 1 | IAS10 |