International Accounting Standard 10, Events After the Reporting Period, IFRS

International Accounting Standards (IAS)
International Financial Reporting Standards (IFRS)

U.S. GAAP

IFRS, IAS

Accounting Topics

International Accounting Standard (IAS) 10
Events after the Reporting Period

International Financial Reporting Standards (IFRS)

International Accounting Standards (IAS)

U.S. GAAP by Topic

International Accounting Standard (IAS) 10

IAS 10

Events after the Reporting Period

IAS 10 first issued in June 1978

IAS 10 revised in December 2003

Recent amendment: by IAS 1 revised in September 2007

Adjusting events after the reporting period
      --> adjust the financial statement amounts

     (1) settlement confirming the obligation at the end of reporting period
     (2) information that an asset was impaired at the end of reporting period
     (3) assets purchased before the end of reporting period
          --> cost determined after the reporting period
     (4) detection of fraud or errors
          --> that caused incorrect amounts in the financial statements

Non-adjusting events after the reporting period
      --> do not adjust the financial statement amounts

     (1) market value of investments
          --> declined after the reporting period
     (2) dividends
          --> declared after the reporting period

U.S. GAAP by Topic

Accounting Topics

Inventory Valuation Methods

Depreciation Methods

Revenue Recognition Principle

Accrual Basis vs. Cash Basis Accounting

Basics of Journal Entries

Ratios for Financial Statement Analysis

Overview of Financial Statements

	Wiley IFRS 2008: Interpretation and Application of International Accounting and Financial Reporting Standards 2008 by Barry J. Epstein and Eva K. Jermakowicz (Paperback - Mar 28, 2008) Paperback Edition Book & CD-Rom Edition
	Wiley GAAP 2008: Interpretation and Application of Generally Accepted Accounting Principles 2008 Paperback Edition Book & CD-Rom Edition
	Wiley CPA Exam Review 2008: 4 Volume Set 4 Volume Set