• 2024 Issued Standard – IAS 10
  The 2024 Issued Standards include all amendments issued up to and including 31 December 2023.

Registration is required to access the free version of the Issued Standards, which do not include additional documents that accompany the full standard (such as illustrative examples, implementation guidance and basis for conclusions).

Note that the Issued Standards contain amendments that have a mandatory effective date that is later than 1 January 2024. Find details of the effective dates of amendments to this Standard in the Recent Amendments section below.

Events occurring between the reporting date and the date on which the financial statement are authorised for issue should be classified as either adjusting or non-adjusting events.

• Adjusting events provide further evidence of conditions that existed at the reporting date, and result in adjustment to the financial statements.
• Non-adjusting events are indicative of a condition that arose after the end of the reporting period and do not result in adjustment to the financial statements. They should be disclosed if of such importance that non-disclosure would affect the ability of the users to make proper evaluations and decisions.
• Where events after the reporting period indicate that the going concern assumption is not appropriate, these are adjusting events.
• A dividend declared after the reporting period is a non-adjusting event.

All amendments issued up to and including 31 December 2023 are included within the IFRS Foundation’s latest version of the issued standard: 2024 Issued Standard – IAS 10. Issued amendments may have a mandatory effective date that is later than 1 January 2024 – see individual amendments for details.

Any amendments issued on or after 1 January 2024 will not be included in the IFRS Foundation’s 2024 Issued Standards but will be listed below and identified as such.

See the Corporate Reporting Faculty’s annual IFRS factsheets for a more detailed discussion of recent IFRS amendments.

• IFRIC 17 Distributions of Non-cash Assets to Owners
  IFRIC 17 addresses the accounting for dividends of non-cash assets, including those where there is a cash alternative. 
• IFRIC 23 Uncertainty over Income Tax Treatments
  Clarifies how to apply the recognition and measurement requirements of IAS 12 when there is uncertainty over income tax treatments.
• SIC 7 Introduction of the Euro
  SIC 7 addresses how the introduction of the Euro affects the application of IAS 21.