Loss of control: other comprehensive income, multiple arrangements and the retained interest

Amounts accumulated in other comprehensive income are accounted for as if the assets and liabilities had been disposed of directly; the retained interest becomes a financial asset or an associate depending on the facts; the 2014 amendments on sales to an associate are not in force.

In this lesson

1. 2Understand
2. 3The IFRS rule
3. 4Numerical example
4. 5Key points
5. 6Exercises