IFRS: Accounting for Business Combinations


A business combination is a momentous moment within your organisation and understanding the accounting and reporting implications is vital.

This course is provided by a third party provider accountingcpd.net and the fee charged is exclusive of VAT.  Training tickets are not applicable on this product. 

Venue details:  
Online, ,
Start date & time:  
01 January 2019 00:00
End date & time:  
01 January 2022 00:00
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AccountingCPD. net


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CPD online course
Financial reporting

 As well as business combinations there are other significant moments, too, for example when one entity unites with another on a short-term or one-off basis in a joint venture; these are all situations in which the impact on the accounting and reporting will be significant and a thorough understanding is important.

This course looks at the various implications of accounting for such issues which are covered by a number of IFRS Standards such as business combinations, separate financial statements and disclosures of interests in other entities. 

Course overview 

IFRS 3: Business Combinations

  • What are the objectives and scope of IFRS 3?
  • How is a business combination identified?
  • What is the importance of "the acquisition method"?
  • What are the rules concerning recognition of the identifiable assets acquired, liabilities assumed and any non-controlling interest in the acquiree?
  • How is goodwill measured and recognised?
  • How do I account for business combinations that have incomplete information at the end of the reporting period?
  • What about subsequent measurement and accounting?

IAS 27: Separate Financial Statements and IFRS 10: Consolidated Financial Statements

  • What are the objectives and scope of IAS 27?
  • What is the basic rule regarding the preparation of separate financial statements?
  • What are the objectives and scope of IFRS 10?
  • How does IFRS 10 deal with control?
  • How are power and returns linked?
  • What are the accounting requirements of IFRS 10?
  • How do I determine if an entity is an investment entity?

IFRS 11: Joint Arrangements and IAS 28: Investments in Associates and Joint Ventures

  • What are the objectives and scope of IFRS 11?
  • How is joint control defined by IFRS 11?
  • How should the financial statements be prepared when there is a joint operation?
  • What are the objectives and scope of IAS 28?
  • What key definitions should I know about?
  • What factors provide evidence of what is normally regarded as "significant influence"?
  • Can you tell me more about the equity method?
  • What other accounting procedures apply to the equity method?
  • How should impairment losses be dealt with?

IFRS 12: Disclosure of Interests in Other Entities

  • What are the objectives and scope of IFRS 12?
  • What does IFRS 12 say about significant judgements and assumptions?
  • What are the disclosure requirements relating to subsidiaries?
  • What are the disclosure requirements relating to joint arrangements and associates?