22.1 Accounting for post balance sheet events is dealt with in FRS 21 , 'Events after the balance sheet date', which is based on the international standard IAS 10 , 'Events after the reporting period'. 22.2 The chapter from the Manual of Accounting - IFRS for the UK that deals with IAS 10 is included as an annex to this chapter. FRS 21 is identical to IAS 10 with the exception that the international standard refers to the 'balance sheet' as the 'statement of financial position' and 'events after the balance sheet date' as 'events after the reporting period'. 22.3 The text in the annex contains references to the international standard. ...
Chapter 22: Post balance sheet events
- UK Accounting Consulting Services, PricewaterhouseCoopers LLP
- Bloomsbury Professional
- Publication Date:
- Law As Stated At:
- 1 October 2011