I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

PART F: PREPARING BASIC FINANCIAL STATEMENTS 

 

374

 

 

BPP Tutor Toolkit Copy

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375 

C H A P T E R 

 

TOPIC LIST 

SYLLABUS 

REFERENCE 

1 IAS 

10

 Events after the reporting period

 

F3(b), F4(a)–(c)

 

 

 

 

 

 

 

 

Events after the 

reporting period

We will now examine a standard that applies very much to limited 

liability companies, IAS 10 Events after the reporting period. 

You will see in IAS 10 whether or not events after the reporting 

period give rise to adjustments in the financial statements, and the 

disclosures that are required.  

 

BPP Tutor Toolkit Copy

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PART F: PREPARING BASIC FINANCIAL STATEMENTS 

 

376

 

 

Study Guide 

Intellectual level 

 

 

F 

Preparing basic financial statements 

 

 

 

3 Disclosure 

notes 

 

 

 

(b)  Draft the following disclosure notes: 

  (iii) Events after the reporting period 

S 

 

 

4  Events after the reporting period 

 

 

 

(a)  Define an event after the reporting period in accordance with 

IFRSs. 

K 

 

 

(b)  Classify events as adjusting or non-adjusting. 

S 

 

 

(c)  Distinguish between how adjusting and non-adjusting events 

are reported in the financial statements. 

K