BÀI GIẢNG kế TOÁN QUỐC tế chapter 21 events after the reporting period

Chapter 21
EVENTS AFTER THE
REPORTING PERIOD


Learning Objectives
1. IAS 10

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IAS 10

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IAS 10 - Examples
Adjusting events
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Non-current assets. Determination of
purchase price or proceeds of sale
Property and investments. Evidence

of a permanent impairment
Inventories. Evidence of NRV or
likely profits/losses on long-term
contracts
Receivables. Renegotiation by or
insolvency of trade accounts
receivable
Settlement of insurance claims.
Discoveries of error or fraud
Taxation. Rates fixed date

Non adjusting events
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Mergers and acquisitions
Reconstructions Issues of shares and
debentures
Purchases/sales of non-current assets
and investments
Loss or drop in value of non-current
assets or inventories occurring after

the year end
Expansion or contraction of trade
Changes in rates of foreign exchange
Government action or strikes
Augmentation of pension benefits
Dividends declared after the reporting
date

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