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Insights into IFRS 3

Mergers and acquisitions are becoming more common as entities aim to achieve their growth objectives. They can have a fundamental impact on the acquirer’s operations, resources and strategies. IFRS 3 ‘Business Combinations’ contains the requirements for these transactions, which are challenging in practice.

Our article series summarises the key areas of the Standard, highlighting aspects that are more difficult to interpret and revisiting the most relevant features that could impact your business.

Insights into IFRS 3 series

November 2022

Recognition principles

IFRS 3

Mergers and acquisitions (business combinations) can have a fundamental impact on the acquirer’s operations, resources and strategies.

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November 2022

How should the identifiable assets and liabilities be measured?

IFRS 3

Business combinations are infrequent transactions that are unique for each occurrence. IFRS 3 ‘Business Combinations’ contains the requirements and despite being fairly stable in the ten years since its been released, still provides challenges when accounting for these transactions in practice.

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November 2022

Specific recognition and measurement provisions

IFRS 3

Mergers and acquisitions (business combinations) can have a fundamental impact on the acquirer’s operations, resources and strategies.

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February 2021

The acquisition method at a glance

IFRS 3

Mergers and acquisitions (business combinations) can have a fundamental impact on the acquirer’s operations, resources, and strategies.

January 2022

Reverse acquisitions in the scope of IFRS 3

IFRS 3

This article focuses on reverse acquisitions within the scope of IFRS 3.

January 2022

Reverse acquisitions explained

IFRS 3

Acquisitions of businesses can take many forms and can have a fundamental impact on the acquirer’s operations, resources and strategies.

October 2019

Definition of a Business

IFRS 3

In October 2018, the IASB issued ‘Definition of a Business’ making amendments to IFRS 3 ‘Business Combinations’.

March 2021

Identifying a business combination

IFRS 3

Mergers and acquisitions are becoming more and more common as entities aim to achieve their growth objectives.

March 2021

Identifying the acquirer

IFRS 3

Business combinations are infrequent transactions that are unique for each occurrence.

March 2021

Identifying the acquisition date

IFRS 3

Acquisitions of businesses can take many forms and can have a fundamental impact of the acquirer’s operations, resources and strategies.

Coming soon

Accounting after acquisition date

IFRS 3

Coming soon

Presentation and disclosures requirements

IFRS 3

Coming soon

Recognising and measuring NCI

IFRS 3

Coming soon

Consideration transferred

IFRS 3

Coming soon

Adjustments for transactions not part of the business combination

IFRS 3

Coming soon

Recognising and measuring goodwill or a gain from a bargain purchase

IFRS 3

Coming soon