IFRS Learning Module: Events after the Reporting Period (Text Based Course) 1.0 CPE

IFRS Learning Modules are a series of courses that provide in-depth overviews of various topics related to International Financial Reporting Standards (“IFRS”). IFRS represents the global accounting principles that provide the foundation for most of the world’s financial reporting. These Standards establish the recognition, measurement, presentation and disclosure requirements for transactions and events reflected in IFRS financial statements.

Module 3 of the IFRS Learning Module series presents an overview of IAS 10 Events after the Reporting Period (a topic commonly referred to as “subsequent events” under U.S. GAAP) and discusses the IASB’s and FASB’s efforts towards achieving convergence in this area of financial reporting.

1. IFRS Learning Module: Presentation of IFRS Financial Statements (Text Based Course)
   
2. IFRS Learning Module: Accounting Changes and Error Corrections (Text Based Course)
3. IFRS Learning Module: Events after the Reporting Period (Text Based Course)
4. < IFRS Learning Module: Inventories (Text Based Course)
5. IFRS Learning Module: Segment Reporting (Text Based Course)
6. IFRS Learning Module: Earnings per Share (Text Based Course)
7. IFRS Learning Module: Property, Plant and Equipment (Text Based Course)

Prerequisites

Learning Objective

• Discover and define “events after the reporting period” per the guidelines of IAS 10.
• Discover and describe the recognition and disclosure requirements for events after the reporting period under IAS 10.
• Describe the similarities and differences between IFRS and U.S. GAAP in the area of events after the reporting period (a.k.a. “subsequent events”).

Last updated/reviewed: July 26, 2025