diff --git a/tests/events/tests/events.ts b/tests/events/tests/events.ts
index 7cd2333a78..5704ef0770 100644
--- a/tests/events/tests/events.ts
+++ b/tests/events/tests/events.ts
@@ -58,13 +58,27 @@ describe("Events", () => {
       const ixData = anchor.utils.bytes.bs58.decode(
         txResult.meta.innerInstructions[0].instructions[0].data
       );
+
       const eventData = anchor.utils.bytes.base64.encode(ixData.slice(8));
       const event = program.coder.events.decode(eventData);
+      assertCpiEvent(event);
+
+      // ensure the coder works directly with cpiEvent
+      const cpiEvent = program.coder.events.decode(
+        txResult.meta.innerInstructions[0].instructions[0].data
+      );
+      assertCpiEvent(cpiEvent);
 
+      const cpiEvents = program.coder.events.parseCpiEvents(txResult);
+      assert(cpiEvents.length === 1);
+      assertCpiEvent(cpiEvents[0]);
+    });
+
+    function assertCpiEvent(event: any) {
       assert.strictEqual(event.name, "myOtherEvent");
       assert.strictEqual(event.data.label, "cpi");
       assert.strictEqual((event.data.data as anchor.BN).toNumber(), 7);
-    });
+    }
 
     it("Throws on unauthorized invocation", async () => {
       const tx = new anchor.web3.Transaction();
diff --git a/ts/packages/anchor/src/coder/borsh/event.ts b/ts/packages/anchor/src/coder/borsh/event.ts
index 0ce5c0971e..586d7131e6 100644
--- a/ts/packages/anchor/src/coder/borsh/event.ts
+++ b/ts/packages/anchor/src/coder/borsh/event.ts
@@ -1,11 +1,28 @@
 import { Buffer } from "buffer";
 import { Layout } from "buffer-layout";
 import * as base64 from "../../utils/bytes/base64.js";
+import * as bs58 from "../../utils/bytes/bs58.js";
 import { Idl } from "../../idl.js";
 import { IdlCoder } from "./idl.js";
 import { EventCoder } from "../index.js";
+import BN from "bn.js";
+import {
+  CompiledInnerInstruction,
+  PublicKey,
+  Transaction,
+  TransactionResponse,
+  VersionedTransactionResponse,
+} from "@solana/web3.js";
 
 export class BorshEventCoder implements EventCoder {
+  /**
+   * CPI event discriminator.
+   * https://github.com/coral-xyz/anchor/blob/v0.29.0/lang/src/event.rs
+   */
+  private static eventIxTag: BN = new BN("1d9acb512ea545e4", "hex");
+
+  public address: PublicKey;
+
   /**
    * Maps account type identifier to a layout.
    */
@@ -42,12 +59,26 @@ export class BorshEventCoder implements EventCoder {
         ev.name,
       ])
     );
+
+    this.address = new PublicKey(idl.address);
   }
 
+  /**
+   *
+   * @param log base 64 encoded log data from transaction message
+   *            or base58 encoded transaction message or CPI encoded event data
+   * @returns decoded event object or null
+   */
   public decode(log: string): {
     name: string;
     data: any;
   } | null {
+    const transactionCpiData = this.parseAsTransactionCpiData(log);
+    if (transactionCpiData !== null) {
+      // log parsed to be CPI data, recursive call stripped event data
+      return this.decode(transactionCpiData);
+    }
+
     let logArr: Buffer;
     // This will throw if log length is not a multiple of 4.
     try {
@@ -55,9 +86,9 @@ export class BorshEventCoder implements EventCoder {
     } catch (e) {
       return null;
     }
-    const disc = base64.encode(logArr.slice(0, 8));
 
     // Only deserialize if the discriminator implies a proper event.
+    const disc = base64.encode(logArr.slice(0, 8));
     const eventName = this.discriminators.get(disc);
     if (!eventName) {
       return null;
@@ -70,4 +101,59 @@ export class BorshEventCoder implements EventCoder {
     const data = layout.decode(logArr.slice(8));
     return { data, name: eventName };
   }
+
+  /**
+   * Check the log data to be transaction CPI event:
+   * Expected data format:
+   *  < cpi event discriminator | event name discriminator | event data >
+   * If matches cpi event discriminator
+   * < event name | event data> base64 formatted is returned
+   * otherwise null is returned.
+   */
+  parseAsTransactionCpiData(log: string): string | null {
+    let encodedLog: Buffer;
+    try {
+      // verification if log is transaction cpi data encoded with base58
+      encodedLog = bs58.decode(log);
+    } catch (e) {
+      return null;
+    }
+    const disc = encodedLog.slice(0, 8);
+    if (disc.equals(BorshEventCoder.eventIxTag.toBuffer("le"))) {
+      // after CPI tag data follows in format of standard event
+      return base64.encode(encodedLog.slice(8));
+    } else {
+      return null;
+    }
+  }
+
+  public parseCpiEvents(
+    transactionResponse: VersionedTransactionResponse | TransactionResponse
+  ): { name: string; data: any }[] {
+    const events: { name: string; data: any }[] = [];
+    const inner: CompiledInnerInstruction[] =
+      transactionResponse?.meta?.innerInstructions ?? [];
+    const idlProgramId = this.address;
+    for (let i = 0; i < inner.length; i++) {
+      for (let j = 0; j < inner[i].instructions.length; j++) {
+        const ix = inner[i].instructions[j];
+        const programPubkey =
+          transactionResponse?.transaction.message.staticAccountKeys[
+            ix.programIdIndex
+          ];
+        if (
+          programPubkey === undefined ||
+          !programPubkey.equals(idlProgramId)
+        ) {
+          // we are at instructions that does not match the linked program
+          continue;
+        }
+        const event = this.decode(ix.data);
+        if (event) {
+          events.push(event);
+        }
+      }
+    }
+    return events;
+  }
 }
diff --git a/ts/packages/anchor/src/coder/index.ts b/ts/packages/anchor/src/coder/index.ts
index 6d0d482d64..3a762b0b9d 100644
--- a/ts/packages/anchor/src/coder/index.ts
+++ b/ts/packages/anchor/src/coder/index.ts
@@ -1,3 +1,4 @@
+import { VersionedTransactionResponse } from "@solana/web3.js";
 import { IdlEvent } from "../idl.js";
 import { Event } from "../program/event.js";
 
@@ -50,6 +51,24 @@ export interface EventCoder {
   decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
     log: string
   ): Event<E, T> | null;
+
+  parseCpiEvents<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
+    transactionResponse: VersionedTransactionResponse
+  ): Event<E, T>[];
+}
+
+export abstract class NoEventCoder implements EventCoder {
+  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
+    _log: string
+  ): Event<E, T> | null {
+    throw new Error(`${this.constructor} program does not have events`);
+  }
+
+  parseCpiEvents<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
+    _transactionResponse: VersionedTransactionResponse
+  ): Event<E, T>[] {
+    throw new Error(`${this.constructor} program does not have CPI events`);
+  }
 }
 
 export interface TypesCoder<N extends string = string> {
diff --git a/ts/packages/anchor/src/coder/system/events.ts b/ts/packages/anchor/src/coder/system/events.ts
index 9a9f5faac9..8ddd7e0711 100644
--- a/ts/packages/anchor/src/coder/system/events.ts
+++ b/ts/packages/anchor/src/coder/system/events.ts
@@ -2,6 +2,7 @@ import { EventCoder } from "../index.js";
 import { Idl } from "../../idl.js";
 import { Event } from "../../program/event";
 import { IdlEvent } from "../../idl";
+import { VersionedTransactionResponse } from "@solana/web3.js";
 
 export class SystemEventsCoder implements EventCoder {
   constructor(_idl: Idl) {}
@@ -9,6 +10,11 @@ export class SystemEventsCoder implements EventCoder {
   decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
     _log: string
   ): Event<E, T> | null {
-    throw new Error("System program does not have events");
+    throw new Error("SystemProgram does not have events.");
+  }
+  parseCpiEvents<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
+    _transactionResponse: VersionedTransactionResponse
+  ): Event<E, T>[] {
+    throw new Error("SystemProgram does not have CPI events.");
   }
 }
diff --git a/ts/packages/spl-associated-token-account/src/coder/events.ts b/ts/packages/spl-associated-token-account/src/coder/events.ts
index 28b927101f..c74bdab64c 100644
--- a/ts/packages/spl-associated-token-account/src/coder/events.ts
+++ b/ts/packages/spl-associated-token-account/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplAssociatedTokenAccountEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplAssociatedTokenAccount program does not have events");
+export class SplAssociatedTokenAccountEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-binary-option/src/coder/events.ts b/ts/packages/spl-binary-option/src/coder/events.ts
index 91261a59cc..d5862a4955 100644
--- a/ts/packages/spl-binary-option/src/coder/events.ts
+++ b/ts/packages/spl-binary-option/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplBinaryOptionEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplBinaryOption program does not have events");
+export class SplBinaryOptionEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-binary-oracle-pair/src/coder/events.ts b/ts/packages/spl-binary-oracle-pair/src/coder/events.ts
index 173360b9da..981726ad34 100644
--- a/ts/packages/spl-binary-oracle-pair/src/coder/events.ts
+++ b/ts/packages/spl-binary-oracle-pair/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplBinaryOraclePairEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplBinaryOraclePair program does not have events");
+export class SplBinaryOraclePairEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-feature-proposal/src/coder/events.ts b/ts/packages/spl-feature-proposal/src/coder/events.ts
index b45acf4eb6..8e16d8389c 100644
--- a/ts/packages/spl-feature-proposal/src/coder/events.ts
+++ b/ts/packages/spl-feature-proposal/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplFeatureProposalEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplFeatureProposal program does not have events");
+export class SplFeatureProposalEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-governance/src/coder/events.ts b/ts/packages/spl-governance/src/coder/events.ts
index b31ea4c441..c9de383bc3 100644
--- a/ts/packages/spl-governance/src/coder/events.ts
+++ b/ts/packages/spl-governance/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplGovernanceEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplGovernance program does not have events");
+export class SplGovernanceEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-memo/src/coder/events.ts b/ts/packages/spl-memo/src/coder/events.ts
index 061a6ad017..8a13c3e7a7 100644
--- a/ts/packages/spl-memo/src/coder/events.ts
+++ b/ts/packages/spl-memo/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplMemoEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplMemo program does not have events");
+export class SplMemoEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-name-service/src/coder/events.ts b/ts/packages/spl-name-service/src/coder/events.ts
index d130ba977f..fa9c7a9683 100644
--- a/ts/packages/spl-name-service/src/coder/events.ts
+++ b/ts/packages/spl-name-service/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplNameServiceEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplNameService program does not have events");
+export class SplNameServiceEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-record/src/coder/events.ts b/ts/packages/spl-record/src/coder/events.ts
index 88004d32db..f32fde9b1c 100644
--- a/ts/packages/spl-record/src/coder/events.ts
+++ b/ts/packages/spl-record/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplRecordEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplRecord program does not have events");
+export class SplRecordEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-stake-pool/src/coder/events.ts b/ts/packages/spl-stake-pool/src/coder/events.ts
index e7287f5b46..f84318df22 100644
--- a/ts/packages/spl-stake-pool/src/coder/events.ts
+++ b/ts/packages/spl-stake-pool/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplStakePoolEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplStakePool program does not have events");
+export class SplStakePoolEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-stateless-asks/src/coder/events.ts b/ts/packages/spl-stateless-asks/src/coder/events.ts
index 753f540a90..d8b9e3afa8 100644
--- a/ts/packages/spl-stateless-asks/src/coder/events.ts
+++ b/ts/packages/spl-stateless-asks/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplStatelessAsksEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplStatelessAsks program does not have events");
+export class SplStatelessAsksEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-token-lending/src/coder/events.ts b/ts/packages/spl-token-lending/src/coder/events.ts
index 5a7b45f484..15beeb6641 100644
--- a/ts/packages/spl-token-lending/src/coder/events.ts
+++ b/ts/packages/spl-token-lending/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplTokenLendingEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplTokenLending program does not have events");
+export class SplTokenLendingEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-token-swap/src/coder/events.ts b/ts/packages/spl-token-swap/src/coder/events.ts
index 8e08855129..94275def48 100644
--- a/ts/packages/spl-token-swap/src/coder/events.ts
+++ b/ts/packages/spl-token-swap/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplTokenSwapEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplTokenSwap program does not have events");
+export class SplTokenSwapEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }
diff --git a/ts/packages/spl-token/src/coder/events.ts b/ts/packages/spl-token/src/coder/events.ts
index b33d23bb7a..77a82f7892 100644
--- a/ts/packages/spl-token/src/coder/events.ts
+++ b/ts/packages/spl-token/src/coder/events.ts
@@ -1,12 +1,7 @@
-import { Idl, Event, EventCoder } from "@coral-xyz/anchor";
-import { IdlEvent } from "@coral-xyz/anchor/dist/cjs/idl";
+import { Idl, EventCoder, NoEventCoder } from "@coral-xyz/anchor";
 
-export class SplTokenEventsCoder implements EventCoder {
-  constructor(_idl: Idl) {}
-
-  decode<E extends IdlEvent = IdlEvent, T = Record<string, string>>(
-    _log: string
-  ): Event<E, T> | null {
-    throw new Error("SplToken program does not have events");
+export class SplTokenEventsCoder extends NoEventCoder implements EventCoder {
+  constructor(_idl: Idl) {
+    super();
   }
 }