Financial Reporting Standard 21 (IAS 10) Events after the balance sheet date ― May 2004

摘要

Financial Reporting Standard 21 embodies IAS 10 (revised 2003) 'Events after the Balance Sheet Date' and some amendments to that standard adopted for entities subject to UK accounting standards. The Statement of Standard Accounting Practice in FRS 21 is set out in paragraphs 1-23 and the Appendix. All the paragraphs have equal authority. Paragraphs in bold type state the main principles. Accompanying the Statement of Standard Accounting Practice is the basis for the conclusions reached in the Statement which does not form part of the Statement. The Statement of Standard Accounting Practice should be read in the context of its objective as stated in paragraph 1, the Basis for Conclusions set out in paragraphs BC1-BC4, and the Accounting Standards Board's 'Foreword to Accounting Standards' and 'Statement of Principles for Financial Reporting.'