In June 2012 IFRS 10 was amended by Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in Other Entities: Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12).

IFRS 10 establishes principles for presenting and preparing consolidated financial statements when an entity controls one or more other entities. IFRS 10: defines an investment entity and sets out an exception to consolidating particular subsidiaries of an investment entity.

IFRS 10 includes guidance on more difficult control assessments including: • agency relationships • control over structured entities • potential voting rights • control without a majority of voting rights. IFRS 10 retains established principles on consolidation procedures, including

IFRS 10 replaces the part of IAS 27 Consolidated and Separate Financial Statements that addresses accounting for subsidiaries on consolidation. What remains in IAS 27 after the implementation of IFRS 10 is the accounting treatment for subsidiaries, jointly controlled entities and associates in their separate financial statements.

2024年5月2日 · Power, exposure / rights to variable returns, principal vs agent considerations, consolidation procedures and more about IFRS 10.

IFRS 10 states that an investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee.

IFRS 10 when the investor has power, exposure to variable returns and the ability to use that power to affect its returns from the investee. • IFRS 10 contains guidance on the following issues when determining who has control: 4 Assessment of the purpose and design of an investee; 4 Nature of rights – substantive or protective in nature;