IAS 10 Events After the Reporting Period - applies in 2025

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  • Опубліковано 15 січ 2025

КОМЕНТАРІ • 57

  • @CPDbox
    @CPDbox  Рік тому +1

    Thanks for watching! Let’s connect:
    *Newsletter: www.cpdbox.com/
    *LinkedIn: www.linkedin.com/in/silviamahutova/
    *Instagram: instagram.com/cpdbox/

  • @ifrsmasterclass
    @ifrsmasterclass 4 роки тому +12

    Fantastic! I have been following your channel for years and now I truly understand the hard work you have been consistently putting in.

  • @eoinconnolly412
    @eoinconnolly412 4 роки тому +10

    Siliva, thank you very much for the top class video. Best teacher on IFRS!

  • @Kimberly_Landicho_BSAC2-1
    @Kimberly_Landicho_BSAC2-1 Рік тому +1

    Your efforts are very much appreciated po. Thank you for this informative video! ❤

  • @atolomartha2117
    @atolomartha2117 2 роки тому +1

    This lady is perfect in this subject 🙌

  • @iamyourfriend007
    @iamyourfriend007 3 роки тому +1

    After so many years i understand this.
    Thank you mem for this simple and great explanation.

  • @CatherineNicoleManalastas
    @CatherineNicoleManalastas Рік тому +2

    Thank you so much for this informative video, ma'am! Great explanation 🥰

  • @my3407
    @my3407 3 роки тому +3

    Thank you for such a short and clear explanation 👍🏻👍🏻

  • @jelainesoriano
    @jelainesoriano Рік тому +1

    Thank you so much, Ma'am Silvia for this very informative video. I found it super easy-to-understand. God bless!

  • @arnielizaacuna2939
    @arnielizaacuna2939 Рік тому +1

    Thank you for providing us this video material. It was really interesting learning from it.

  • @ashwinkrishna490
    @ashwinkrishna490 8 місяців тому +1

    Thank you. Clearly explained

  • @shaonkar6089
    @shaonkar6089 3 роки тому

    Thanks Silvia for your tuition.

  • @rafaykhan8416
    @rafaykhan8416 4 роки тому +2

    good TO HEAR EXPLAINATION XALMLY , a student from PAKISTAN

  • @shohanaislamsumona7148
    @shohanaislamsumona7148 4 роки тому +2

    Please make a video on IFRS 14

  • @marcuschan2594
    @marcuschan2594 4 роки тому +5

    thanks for the useful materials, is it also possible to give an example where IAS 10 is applied to the COVID-19 outbreak

  • @shifaabdullashifa7480
    @shifaabdullashifa7480 11 місяців тому +1

  • @ringolpl
    @ringolpl 2 роки тому +1

    Thank you very much, you help a lot and did a great teaching.

  • @BaderalsiwanREM
    @BaderalsiwanREM 4 роки тому +2

    Fantastic

  • @ABIMBOLAAREMU-f2w
    @ABIMBOLAAREMU-f2w Рік тому

    Precised and detailed; thankbfor for what you do

  • @keerthu2539
    @keerthu2539 4 роки тому +1

    Super ... Awesome..Seeing classes from India

  • @rosemarievillapa5086
    @rosemarievillapa5086 Рік тому

    I am really grateful for this video lecture maam!

  • @AmandaSantos-t6k
    @AmandaSantos-t6k 5 місяців тому

    Thank you very helpful.

  • @ashwinkrishna490
    @ashwinkrishna490 8 місяців тому +1

    Thank you

  • @queenejoy
    @queenejoy 4 роки тому +1

    THANK YOU VERY MUCH! 💓💓 KEEP IT UP YOU VIDEOS REALLY HELP..

  • @toochionyeije1280
    @toochionyeije1280 3 місяці тому

    Good Job, Silvia. A student from Nigeria

  • @kailaaquino3710
    @kailaaquino3710 Рік тому +1

    Done rewatchung this is a very great supplemental video thank you so much!

  • @sadiahaidermasud771
    @sadiahaidermasud771 2 роки тому

    At 6:39 what did you say? Because no obligation....??

  • @vincejustinejavier5362
    @vincejustinejavier5362 Рік тому

    Thank you po for this informative material.

  • @tafarapaul
    @tafarapaul 4 роки тому +1

    Thanks Silvia

  • @seidma4586
    @seidma4586 4 роки тому +1

    Would you please provide us tips summary of preparation workplans to firsttime reporting entities to get ready to start? Thanks

  • @Eona_Catacutan
    @Eona_Catacutan Рік тому +1

    What a comprehensive but informative video on IAS 10! Thanks, Silvia. As supplemental material, this really helped in understanding our lesson on PAS 10.

  • @سامحسيد-ص8ج
    @سامحسيد-ص8ج 4 роки тому

    Awesome as usual
    Greeting from 🇪🇬Egypt

  • @gangadaranramalingam5107
    @gangadaranramalingam5107 2 роки тому

    Brilliant silvia

  • @redeemerjoachimayittah3759
    @redeemerjoachimayittah3759 4 роки тому +2

    Hello, great tution. What about events that happens during the reporting period? Lets say the reporting period is Jan to Dec and there is an event in december. Is the event still before the reporting period?

    • @Kingsjunior
      @Kingsjunior Рік тому

      Yes mate, you account for those events in the financial statements.

  • @furqanrafiq3995
    @furqanrafiq3995 Місяць тому +1

    Inventory included in the accounts at the year end cost $25,000 was subsequently sold for $15,000.....the solution says its an adjusting event. Can you please advise what's the logic behind it as the inventory was sold after year end so in my opinion it should be a non-adjusting event.

    • @furqanrafiq3995
      @furqanrafiq3995 Місяць тому +1

      probably it has been assumed that the inventory was sold prior to authorisation of accounts?

    • @CPDbox
      @CPDbox  Місяць тому

      Well, it is adjusting event, because the selling price of inventories after the year-end provides evidence of conditions that existed at the reporting date (thus, the inventories' NRV was perhaps just 15 000 at the year-end, and as you know, you need to keep inventories at lower of cost and NRV). However, the situation can be different: maybe after the year-end, there was a damage on inventories and those damaged inventories sold at 15 000 - in this case, the lower selling price is not an evidence of NRV at the year-end, because it decreased due to damage occurring after the year end. In that case, it would be non-adjusting.

  • @abdallahkassimmwinyijuma6093
    @abdallahkassimmwinyijuma6093 2 роки тому

    Thanks

  • @npnijeshban3724
    @npnijeshban3724 4 роки тому +1

    where to disclose? Notes to account or Director's report?

  • @KM-ey5vs
    @KM-ey5vs 7 місяців тому

    Hi Silvia. Is IAS 10 applicable only for events after year end? so it is not applicable for events after interim periods end?

  • @haramtariq4267
    @haramtariq4267 2 роки тому

    Awesome

  • @mangalsingh-ie9lu
    @mangalsingh-ie9lu 4 роки тому +4

    Hello Ma’am
    My Self Mangal Singh
    Practising Chartered Accountants in India
    Your Vedio is very useful for understanding IFRS as well as IND As which applicable in India
    Siliva Can you provide me IAS on Financial Instrument lecture

  • @hasinarafenoarisoa7063
    @hasinarafenoarisoa7063 4 роки тому +1

    Hello!
    Your videos are very interesting!
    Could you make videos about consolidation especially reclassification, restatement and elimination of accounts between groups

  • @ip2489
    @ip2489 4 роки тому +6

    I am struggling to understand even basic financial terminology despite all my repetitive research. One of a plethora of questions I still have is : Where can I find the IAS/ IFRS SSAP/FRS OLD AND NEW TERMINOLOGY online - a reliable source? I am a severely struggling student and I am getting no help and trying to do all the research with zero help from tutors who are lazy. I have a table here and need to insert the correct old and new terminology. Thanks in advance.

    • @satarumbwa
      @satarumbwa 4 роки тому +1

      Have you tried reading the Conceptual Framework?

    • @CPDbox
      @CPDbox  4 роки тому +3

      Hmmm. Would you please write me via our contact for on our website? I wonder what terminology you do not understand, because the truth is that the absolutely basic terminology is not explained in the standards and it is assumed you know the accounting basics. I have an article "IFRS Glossary" on my website explaining some terms, but if you let me know what specifically gives you a hard time, I can expand on that. Thanks!

  • @yuganshdham601
    @yuganshdham601 2 роки тому

    ❤️❤️

  • @lesedihdb
    @lesedihdb 2 місяці тому

    Can you please do IAS 20 pleaseeeee I’m writing an exam next week

    • @CPDbox
      @CPDbox  2 місяці тому +1

      Good luck! This is my older video, but since IAS 20 has not changed, it still applies: ua-cam.com/video/iEK8_5JPveU/v-deo.html

  • @zidaankhan9992
    @zidaankhan9992 3 роки тому

    I need your help

  • @سامحسيد-ص8ج
    @سامحسيد-ص8ج 4 роки тому +1

    Is reporting period is fiscal year
    From 1/1 to 31/12
    Or it also include the period to prepare financial statment

    • @ayushik636
      @ayushik636 4 роки тому

      Reporting period is different in different countries. For India it is April to March, for UK, Us, Australia it is Jan to Dec. It doesn't include the period to prepare financial statements. Once the reporting period ends, you can prepare the FS

    • @سامحسيد-ص8ج
      @سامحسيد-ص8ج 4 роки тому +1

      @@ayushik636 thanks a lot miss ayushi here in Egypt it's differ from industry to other but in common start in January and end in December

    • @ayushik636
      @ayushik636 4 роки тому

      @@سامحسيد-ص8ج yes commonly it is calendar year in most places