This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IFRS in Focus — IASB issues exposure draft on investment entities

Published on: 04 Sep 2011

On 25 August 2011, the International Accounting Standards Board (IASB) published ED/2011/4 Investment Entities. The ED would require an investment entity to recognise entities it controls at fair value through profit or loss in accordance with IFRS 9 Financial Instruments (or IAS 39 Financial Instruments: Recognition and Measurement if IFRS 9 is not yet being applied). Therefore, investment entities would no longer apply consolidation accounting guidance to their controlled investments. However, a parent of an investment entity would consolidate all entities it controls (including those held through an investment entity) unless the parent is also an investment entity. The parent of an investment entity would not be permitted to retain the fair value accounting applied by the investment entity.

Download

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.