Bonus payments that are part of an existing agreement with employees determined after the reporting date is an example of an adjusting event.

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Bonus payments that are part of an existing agreement with employees determined after the reporting date are an example of an adjusting event. Adjusting events are those that provide further evidence of conditions that existed at the end of the reporting period, and the accounting entries for such events are made in the financial statements of the reporting period even if they occur after the reporting date. Therefore, bonus payments that are part of an existing agreement with employees determined after the reporting date are considered an adjusting event.

Bonus Payments That Are Part of an Existing Agreement with Employees