IFRS 10Chapter 9Lesson 1
Losing control: derecognising, remeasuring the retained interest, recognising the result
Step 1 of 7Learning objectives
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On loss of control, the parent derecognises the assets, liabilities and non-controlling interests of the former subsidiary, recognises the consideration and any retained interest at fair value, and recognises the difference in profit or loss.
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Learning objectives
- Identify the items derecognised on loss of control and calculate the carrying amount of net assets, goodwill included.
- Explain and record the retained interest at fair value.
- Calculate the gain or loss on loss of control.
- Analyse the part of the gain due to the remeasurement of the retained investment.