Upon completion of this module you will be able to define whether an event is in the scope of IAS 10 and can be considered an event after the reporting period, distinguish adjusting and non-adjusting events and identify proper accounting treatment or disclosure in both cases. The course contains review questions after each of the course components. The purpose of these questions is to enhance understanding. The result of review questions does not count in your final quiz result.
The e-learning introduces the following topics:
- Objective and scope: What is background of this standard?, Events after the Reporting Period, Date of authorization
- Adjusting events after the reporting period: Examples of adjusting events
- Non-adjusting events after the reporting period: Examples of non-adjusting events
- Going concern
- Disclosures: PwC illustrative
- Test your knowledge