Business Combinations under IFRS 3 Venue Online - Microsoft Teams Date Tuesday 12th August 2025 Time 09:30 - 12:30 Information In this session we will look at accounting requirements for business combinations under IFRS 3. We will look closely at the followings: a) The concept of a business combination b) The new definition of a business and compare it to the old one to understand the reasons for revamping the definition of a business and the impact on business combinations c) The optional concentration concept d) The concept of substantive process e) The acquisition method refined in terms of the following: 1. Identification of the acquirer 2. The determination of the acquisition date 3. How to recognise and measure assets acquired liabilities assumed and the non-controlling interest 4. How to account for the balance figure in terms of a positive or negative goodwill f) The relationship with the control concept and guidance to identify control under IFRS 3 g) A reverse acquisition h) Determination of what transactions do not form part of a business combination 1. Pre-existing relationships (contractual v non-contractual) 2. Payment for future employee services 3. Acquisition costs i) Purchase consideration j) Business combination where no consideration is transferred Presenter Sanat Bheeroo CPD Units 3 units on full attendance Seats Left 13 Price Rs 5000 Booking Deadline Tuesday 12th August 2025 Map View Map