IAS 10-Events After the Reporting Period webinar

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

IAS 10-Events After the Reporting Period
Date: 14th July 2026
Time: 4.00-6.00PM
Venue: Virtual

Overview

In today’s volatile business environment, events occurring after the reporting period can have a significant impact on financial reporting. This volatility is driven by economic shocks, regulatory changes, shifting tax regimes, climate-related risks and unexpected operational disruptions. IAS 10 provides the essential framework for identifying, assessing, adjusting for and disclosing such events to ensure quality financial reporting.

IAS 10 safeguards the integrity of financial reporting between the reporting date and the date of authorization for issue. However, many entities struggle to correctly distinguish between adjusting and non-adjusting events. This often leads to misstatements, delayed disclosures and ultimately qualified audit opinion. Common challenges arise in areas such as post-year-end litigation, tax assessments, restructurings, going concern uncertainties and major economic developments. This webinar is therefore designed to provide clear, practical and compliance-focused guidance on the application of IAS 10.

The session will focus on how to:

• Distinguish between adjusting and non-adjusting events
• Determine when post-reporting period information requires adjustment
• Apply appropriate disclosure requirements for material non-adjusting events
• Assess the impact on the going concern assumption
• Navigate key judgment areas, including estimates, litigation and post-year-end transactions

The webinar will take a practical, implementation-driven approach. It will address common misclassifications, disclosure gaps, regulatory expectations and audit inspection findings. Participants will also briefly examine how IAS 10 interacts with IFRS 18, IAS 37, IAS 12, and IFRS 5.

By the end of the session, participants will be able to apply IAS 10 with confidence and sound professional judgment. This will strengthen the credibility of financial reporting, reduce post-reporting compliance risk, ensure users receive transparent, timely and decision-useful information.

Target Audience

This webinar is designed for professional accountants involved in financial reporting, audit, and assurance functions.

Continuous Professional Development Units

Members of ICPAK and those from other reciprocating professional bodies will earn 2 CPD units upon successfully attending all conference sessions.

FINANCIAL COMMITMENT:

Note: This is virtual training and therefore training materials, meals and other related provisions are not required.

Online Booking:

We call on seminar participants to note that booking is available only online at www.icpak.com/events. Delegates are reminded to note that online booking for training sessions is MANDATORY.   This is available online at www.icpak.com/events  .

National Industrial Training Authority (NITA) Reimbursement:

The Institute is registered as a trainer with the National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.