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Common control transactions


This project is designed to address accounting for transactions between entities that are ultimately controlled by the same party or parties (so-called 'common control transactions').

The scope of the project is expected to include business combinations of entities under common control which currently are excluded from the scope of IFRS 3 Business Combinations.

The project is expected to:

  • identify the common features of different types of group restructurings and reorganisations
  • consider when an entity should use the previous carrying amounts of a transferred subsidiary and when it should use new amounts ('fresh start accounting' based on a measure of current value)
  • potentially also consider the related topic of when new values of assets in an acquired subsidiary should be 'pushed down' to the subsidiary.

Note: The IFRS Interpretations Committee has considered numerous issues related to common control transactions, often declining to add these matters to its agenda in favour of referring it to the IASB for consideration as part of this project.  This page also includes these discussions for reference purposes.


Current status of the project

The IASB added this project to its agenda at its December 2007 meeting but there were no deliberations.  In December 2012, as part of its response to the Agenda consultation 2011, the IASB formally reactivated this project as an IASB-only research project. A discussion paper is expected in the second half of 2018.

Project milestones

Date Development Comments
December 2007 Added to the IASB's agenda
December 2012 Reactivated as an IASB-only research project Discussion Paper to be published before an agenda decision is made

Correction list for hyphenation

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