Dividends declared or proposed after the end of reporting period won't be recognised as liability at the end of reporting period. A.True, B. False

Question

Question is based on IAS10

mohamed Hakim CMA CPA Candidate · Answer

Answer b false

Declaration of dividends

Debit / retained earnings

Credit / dividend payable

Sahar Alech · Answer

True. it is non adjusting - event

sajid mohammad · Answer

True, as per IFRS that is not an adjusting event , agree with sahar Alech

Mir Mujtaba Ali · Answer

False

Once dividends are declared, it becomes liability till paid off.