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IAS 37 and IAS 10

Events after the reporting period

4.1 Definition

An event after the reporting period is one which occurs between the
reporting date and the date when the financial statements are
authorised for issue.

4.2 Accounting for events after the reporting period

Event after the reporting period

Provides Does not provide
evidence about evidence about
conditions at conditions at
reporting date reporting date

If no impact on
Adjust financial Impacts going
statements concern going concern
then do not
adjust financial

statements.

If material,
disclose effect.

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