diff --git a/src/api/mod.rs b/src/api/mod.rs
index d4c4dd946..13d88c0a4 100644
--- a/src/api/mod.rs
+++ b/src/api/mod.rs
@@ -15,7 +15,8 @@
 
 */
 
-use ac_node_api::events::RawEventDetails;
+use crate::error::FailedExtrinsicError;
+use ac_node_api::{events::RawEventDetails, EventDetails, Metadata};
 use alloc::{string::String, vec::Vec};
 use codec::{Decode, Encode};
 use serde::{Deserialize, Serialize};
@@ -60,6 +61,27 @@ impl<Hash: Encode + Decode> ExtrinsicReport<Hash> {
 	) -> Self {
 		Self { extrinsic_hash, block_hash, status, events }
 	}
+
+	pub fn add_events(&mut self, events: Vec<EventDetails<Hash>>) {
+		self.events = Some(events.into_iter().map(|event| event.to_raw()).collect());
+	}
+
+	pub fn status_based_on_events(&self, metadata: &Metadata) -> Result<()> {
+		if self.events.is_none() {
+			return Err(Error::Other("Report does not contain any events".into()))
+		}
+		// Check if the extrinsic was successful or not.
+		let events = self.events.as_ref().unwrap();
+		for event in events {
+			if let Some(dispatch_error) = event.get_associated_dispatch_error(metadata) {
+				return Err(Error::FailedExtrinsic(FailedExtrinsicError::new(
+					dispatch_error,
+					self.encode(),
+				)))
+			}
+		}
+		Ok(())
+	}
 }
 
 /// Simplified TransactionStatus to allow the user to choose until when to watch
diff --git a/src/api/rpc_api/author.rs b/src/api/rpc_api/author.rs
index c9c345877..d67097df8 100644
--- a/src/api/rpc_api/author.rs
+++ b/src/api/rpc_api/author.rs
@@ -15,7 +15,6 @@
 
 use crate::{
 	api::{rpc_api::events::FetchEvents, Error, Result},
-	error::FailedExtrinsicError,
 	rpc::{HandleSubscription, Request, Subscribe},
 	Api, ExtrinsicReport, TransactionStatus, XtStatus,
 };
@@ -283,6 +282,7 @@ where
 			return Ok(report)
 		}
 		self.populate_events(&mut report).await?;
+		report.status_based_on_events(self.metadata())?;
 		return Ok(report);
 	}
 
@@ -293,22 +293,7 @@ where
 		let block_hash = report.block_hash.ok_or(Error::BlockHashNotFound)?;
 		let extrinsic_events =
 			self.fetch_events_for_extrinsic(block_hash, report.extrinsic_hash).await?;
-
-		// Check if the extrinsic was successful or not.
-		let mut maybe_dispatch_error = None;
-		for event in &extrinsic_events {
-			if let Some(dispatch_error) = event.get_associated_dispatch_error() {
-				maybe_dispatch_error = Some(dispatch_error);
-				break
-			}
-		}
-		report.events = Some(extrinsic_events.into_iter().map(|event| event.to_raw()).collect());
-		if let Some(dispatch_error) = maybe_dispatch_error {
-			return Err(Error::FailedExtrinsic(FailedExtrinsicError::new(
-				dispatch_error,
-				report.encode(),
-			)))
-		}
+		report.add_events(extrinsic_events);
 		Ok(())
 	}
 
diff --git a/testing/async/examples/author_tests.rs b/testing/async/examples/author_tests.rs
index 2e9fa1f41..22a2d6710 100644
--- a/testing/async/examples/author_tests.rs
+++ b/testing/async/examples/author_tests.rs
@@ -192,9 +192,13 @@ async fn test_submit_and_watch_extrinsic_until_in_block_without_events(
 	assert!(report.block_hash.is_some());
 	assert!(report.events.is_none());
 
+	// Should fail without events
+	assert!(report.status_based_on_events(&api.metadata()).is_err());
+
 	// Now we fetch the events separately
 	api.populate_events(&mut report).await.unwrap();
 	assert!(report.events.is_some());
+	assert!(report.status_based_on_events(&api.metadata()).is_ok());
 	let events = report.events.as_ref().unwrap();
 	assert_associated_events_match_expected(&events);