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Can you please clarify that if shares issued after the reporting date are adjusting or non-adjusting? In the lecture on IAS 10 you said it’s a non-adjusting event but still needs to make an adjustment to the EPS. Also in the lecture on IAS 33, you now said it’s an adjusting event.
Thanks
It’s a bit of both!
1. Non-adjusting because no change to the P&L or SFP.
2. Adjusting because any EPS calculation involving a bonus or rights issue would require adjustment. Mercifully, EPS calculations are tested more in the lower exam (FR)
In court I would describe it as non-adjusting!
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