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 (http://www2.deloitte.com/ca/en/legal/cookies.html) 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, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Business Combinations under Common Control – International Accounting Standards Board

Date recorded:

At its meeting on December 12, 2018, the Board discussed whether a current value measurement approach based on the acquisition method set out in IFRS 3, Business Combinations, should be applied to all or only some business combinations under common control that affect a non-controlling interest in a receiving entity. The Board also discussed how any such distinction should be made. The Board received a summary of the discussion of the topic held by the Accounting Standards Advisory Forum at its December 2018 meeting. At future meetings, the Board expects to continue its discussions on methods of accounting for transactions within the scope of the project.

Review the IASB Update and podcast on the Board's Web site.

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.