International GAAP 2020

Chapter 6Consolidated financial statements

• 1 INTRODUCTION
  • 1.1 Background
  • 1.2 Development of IFRS 10
  • 1.3 Consolidation procedures
  • 1.4 Disclosure requirements
• 2 OBJECTIVE AND SCOPE OF IFRS 10
  • 2.1 Objective
  • 2.2 Scope
    • 2.2.1 Exemption from preparing consolidated financial statements by an intermediate parent
      • 2.2.1.A Condition (a) – consent of non-controlling shareholders
      • 2.2.1.B Condition (b) – securities not traded in a public market
      • 2.2.1.C Condition (c) – not filing financial statements for listing securities
      • 2.2.1.D Condition (d) – parent's IFRS financial statements are publicly available and include subsidiaries that are consolidated or measured at fair value through profit or loss in accordance with IFRS 10
    • 2.2.2 Employee benefit plans and employee share trusts
    • 2.2.3 Investment entity exception
    • 2.2.4 Entity no longer a parent at the end of the reporting period
    • 2.2.5 Interaction of IFRS 10 and EU law
    • 2.2.6 Combined and carve-out financial statements
      • 2.2.6.A Common control
      • 2.2.6.B Purpose and users of combined financial statements
      • 2.2.6.C Preparation of combined financial statements
      • 2.2.6.D When combined financial statements are not general-purpose
      • 2.2.6.E The reporting entity in combined financial statements and in consolidated financial statements
• 3 CONTROL
  • 3.1 Assessing control
  • 3.2 Purpose and design of an investee
• 4 POWER OVER AN INVESTEE
  • 4.1 Relevant activities
    • 4.1.1 More than one relevant activity
    • 4.1.2 No relevant activities
    • 4.1.3 Single asset, single ...