ACCA SBR ^UK Syllabus C. Reporting The Financial Performance Of A Range Of Entities - Events after the reporting period - Notes ^{16 / 24}

A dividend declared after the end of the reporting period should not be recognised as a liability under either IAS 10 or FRS 102 Section 32.

However, the FRS 102 states that the amount of the dividend may be presented as a segregated component of retained earnings (referred to as a profit and loss account reserve in CA 2006) at the end of the reporting period.