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IFRS 12Disclosure of Interests in Other Entities

IFRS 12Chapter 1Lesson 1

What IFRS 12 is for: objective, scope and level of detail

Step 1 of 6Learning objectives

Go deeper+2 deeper insights · +1 point of attention

IFRS 12 does not say how to account for interests in other entities: it says what must be explained to users so that they can gauge their nature, risks and effects.

35 minNot started

Learning objectives

  • Explain the objective of IFRS 12 and what sets it apart from a recognition standard.
  • Link each of a group's interests to the family of disclosures that concerns it.
  • Judge the level of detail and aggregation, and know the limit set for material entities.
  • State what happens to summarised information for an interest classified as held for sale.

In this lesson

Original teaching content: it paraphrases the standard without reproducing it and does not replace the official text.

Contents — IFRS 12 — Disclosure of Interests in Other Entities

  1. 1 · Not startedObjective, scope and level of detail0 / 1 lesson
  2. 2 · Not startedSignificant judgements and assumptions0 / 1 lesson
  3. 3 · Not startedInterests in subsidiaries0 / 3 lessons
  4. 4 · Not startedInterests in joint arrangements and associates0 / 2 lessons
  5. 5 · Not startedUnconsolidated structured entities0 / 1 lesson
  6. 6 · Not startedInvestment entities0 / 1 lesson
  7. 7 · Not startedLinks with other standards and post-implementation review0 / 1 lesson