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.  

Venue details:  
Online EU, ,
Start date & time:  
01 January 2021 00:00
End date & time:  
01 January 2022 00:00
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
3.50 Training Tickets accepted
CPD hours:  
Speaker details
First nameLast name
AccountingCPD. net


Product type:  
CPD online course
AccountingCPD.net, Financial reporting

Booking with a Training Ticket

Once you have booked your course, you will receive an email with your booking confirmation. The steps you will need to follow to access your online course will arrive in a separate email within 48 hours of your order being processed

Please be aware that participants will have access to this course for120 days from the date of receiving access via email notification

Course overview 

 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. 

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?