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IFRS 12Chapter 3Lesson 2

Summarised information on subsidiaries and restrictions on access to assets

Step 1 of 6Learning objectives

Go deeper+1 deeper insight · +1 example · +1 point of attention

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.

40 minNot started

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.

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