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Financial Reporting Standard 110

Contents
INTRODUCTION paragraphs
IN1-IN4
Financial Reporting Standard 110
Events after the Balance Sheet Date		  

 
OBJECTIVE 1
SCOPE 2
DEFINITIONS 3-7
RECOGNITION AND MEASUREMENT 8-13
Adjusting Events after the Balance Sheet Date 8-9
Non-adjusting Events after the Balance Sheet Date 10-11
Dividends 12-13
GOING CONCERN 14-16
DISCLOSURE 17-22
Date of Authorisation for Issue 17-18
Updating Disclosure about Conditions at the Balance Sheet Date 19-20
Non-adjusting Events after the Balance Sheet Date 21-22
EFFECTIVE DATE 23

WITHDRAWAL OF FRS 1102004

 24


Style

Additions to IFRSs are clearly identified and would be made in a manner that preserves the format and structure of the IFRSs.

If a new paragraph is added, that paragraph would be labelled with the preceding paragraph number followed by a capitalised alphabet and the word "added" is included at the right side of the paragraph. If a paragraph is deleted, the text would be marked as deleted text by the inclusion of the word "deleted" at the right side of the paragraph and the reason for the deletion is explained at the end of the paragraph. [New paragraph or deleted paragraph without the indication of "added" or "deleted" at the right side of the paragraph is amendments made by the IASB.]

Additions or deletions made within the paragraph in IFRSs would be shaded and underlined or struck through respectively. [Those additions and deletions which are underlined or struck through without shading are amendments made by the IASB.]

 

Financial Reporting Standard 110 Events after the Balance Sheet Date (FRS 110) is set out in paragraphs 1-24. All the paragraphs have equal authority. FRS 110 should be read in the context of its objective and the Basis for Conclusions, the Foreword to Financial Reporting Standards and the Proposed Framework for the Preparation and Presentation of Financial Statements. FRS 108 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.

 

 

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