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, 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 Standards Board

Date recorded:

At its meeting on April 9-11, 2019, the Board directed the staff to continue developing measurement approaches for transactions within the scope of the project by considering:

  1. whether and how transactions within the scope of the project can be different from business combinations that are not under common control;
  2. what information would be useful to various primary users of the receiving entity’s financial statements;
  3. whether the benefits of providing particular information would justify the costs of providing that information; and
  4. complexity and structuring opportunities that could arise under various approaches. The Board also tentatively decided that it need not pursue a single measurement approach for all transactions within the scope of the project.

Specifically, the Board could pursue:

  1. a current value approach for all or some transactions that affect non-controlling shareholders in the receiving entity; and
  2. a different approach, such as a form of predecessor approach, for transactions that affect lenders and other creditors in the receiving entity but do not affect non-controlling shareholders. The Board expects to continue its discussions on measurement approaches for transactions within the scope of the project at future meetings.

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.