| |
| Venue | Online - Microsoft Teams |
| Date | Tuesday 5th November 2024 |
| Time | 09:30 - 12:30 |
| Information | In this session we will look at changes in group structures under IFRS 3 and IFRS 10 based on two case studies involving the preparation of the Consolidated Statement of financial position the Consolidated Statement of Profit or Loss and Other Comprehensive income and the Consolidated Statement of Changes in Equity (requiring only a reserves extract for the case study relating to group disposal) one relating to step acquisition and the other one relating to group disposal in terms of the following adjustments:
1. Step (Piecemeal) Acquisition based on ‘3-types of business combination achieved in stages’’ namely:
- A ‘no control’ with interests accounted for under IFRS 9 to a ‘control’ scenario – being the holding of a financial asset with the first acquisition and becoming a subsidiary with a second acquisition.
- A ‘no control’ with interests accounted for under IAS 28 to a ‘control’ scenario – being an associate with the first acquisition and becoming a subsidiary with a second acquisition.
- A ‘control’ where a subsidiary status was already achieved with the first acquisition to a ‘control’ status still retained with the second acquisition.
2. Group disposal based typically upon 4 different scenarios namely:
- Where control is lost upon disposal of interest under three scenarios in respect of:
• A full disposal of shares.
• A partial disposal of shares resulting in a subsidiary – to – associate scenario.
• A partial disposal of shares resulting in a subsidiary – to – Financial asset scenario.
- Where control is still retained after a disposal of shares resulting in a subsidiary – to – subsidiary scenario.
|
| Presenter |
|
| CPD Units | 3 units on full attendance |
| Seats Left | 15 |
| Price | Rs 4000 |
| Booking Deadline | Tuesday 5th November 2024 |
| Map | View Map |
|
|
