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IFRS 3 — Items not added to the agenda

Background

This page presents a summary of items not added to the IFRS Interpretations Committee's agenda in relation to IFRS 3 Business Combinations and the Committee's public explanation of the reasons for not adding the item to its agenda.

 

Related Discussions

  • IAS 28 and IFRS 3 — Associates and common control

  • May 14, 2013

  • The Interpretations Committee received a request seeking clarification of the accounting for an acquisition of an interest in an associate or joint venture from an entity under common control.

  • IFRS 3 & IFRS 2 — Accounting for reverse acquisitions that do not constitute a business

  • Mar 13, 2013

  • The Interpretations Committee received requests for guidance on how to account for transactions in which the former shareholders of a non-listed operating entity become the majority shareholders of the combined entity by exchanging their shares for new shares of a listed non-operating entity. However, the transaction is structured such that the listed non-operating entity acquires the entire share capital of the non-listed operating entity.

  • IFRS 3 — Continuing employment

  • Jan 23, 2013

  • The Interpretations Committee received a request for guidance on the accounting in accordance with IFRS 3 'Business Combinations' for contingent payments to selling shareholders in circumstances in which those selling shareholders become, or continue as, employees.

  • IFRS 3 — Acquirer in a reverse acquisition

  • Sep 08, 2011

  • The Interpretations Committee received a request for guidance asking whether a business that is not a legal entity could be considered to be the acquirer in a reverse acquisition under IFRS 3.

  • IFRS 3 — Business combinations involving newly formed entities: business combinations under common control

  • Sep 08, 2011

  • The Interpretations Committee received a request for guidance on accounting for common control transactions. More specifically, the submission describes a fact pattern that illustrates a type of common control transaction in which the parent company (Entity A), which is wholly owned by Shareholder A, transfers a business (Business A) to a new entity (referred to as ‘Newco’) also wholly owned by Shareholder A.

  • IFRS 3 — Unreplaced and voluntarily replaced share-based payment awards

  • Nov 05, 2009

  • The IFRIC received requests to clarify the measurement of unreplaced and voluntarily replaced share-based payment awards of an acquiree in a business combination. IFRS 3 'Business Combinations' (as revised in 2008) contains requirements for outstanding acquiree share-based payment awards that the acquirer is obliged to replace or that expire as a consequence of the business combination. However, IFRSs do not provide requirements for other acquiree share-based payment awards. As a consequence, divergent interpretations have developed in practice as to how those awards should be accounted for.

  • IFRS 3 — Measurement of NCI

  • Nov 05, 2009

  • The IFRIC received requests to clarify whether an entity should apply the measurement choice in paragraph 19 of IFRS 3 Business Combinations (as revised in 2008) to all components of non-controlling interest (NCI). Paragraph 19 states that, for each business combination, the acquirer shall measure any NCI in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets.

  • IFRS 3 — Earlier application of revised IFRS 3

  • Jul 08, 2009

  • The IFRIC has received requests to clarify whether IFRS 3 'Business Combinations' (as revised in 2008) must be applied from the beginning of an annual period if it is adopted early.

  • IFRS 3 — Acquisition related costs in a business combination

  • Jul 08, 2009

  • The IFRIC received requests to clarify the treatment of acquisition-related costs that the acquirer incurred before it applies IFRS 3 'Business Combinations' (as revised in 2008) that relate to a business combination that is accounted for according to the revised IFRS.

  • IFRS 3 — Customer-related intangible assets

  • Mar 05, 2009

  • The IFRIC received a request to add an item to its agenda to provide guidance on the circumstances in which a non-contractual customer relationship arises in a business combination.

  • IFRS 3 — Reassessments on a business combination

  • May 03, 2007

  • The IFRIC was asked to provide guidance on whether, and in what circumstances, a business combination triggers reassessment of the acquiree’s classification or designation of assets, liabilities, equity and relationships acquired in a business combination. Reassessment issues include, for instance, whether embedded derivatives should be separated from the host contract, the continuation or de-designation of hedge relationships and the classification of leases as operating or finance leases.

  • IFRS 3 — ‘Transitory’ common control

  • Mar 03, 2006

  • The IFRIC considered an issue regarding whether a reorganisation involving the formation of a new entity to facilitate the sale of part of an organisation is a business combination within the scope of IFRS 3 'Business Combinations'.

All Related