IFRS 12Chapter 3Lesson 2
Summarised information on subsidiaries and restrictions on access to assets
Step 1 of 6Learning objectives
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For each material subsidiary the entity gives summarised figures before intragroup eliminations, and explains what limits the group’s access to assets and settlement of liabilities.
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Learning objectives
- Determine the content and the basis (before intragroup eliminations) of the summarised information on a subsidiary.
- Identify the legal, contractual or regulatory restrictions to report in a case.