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IFRS 12Disclosure of Interests in Other Entities

IFRS 12Chapter 4Lesson 2

Beyond the summary: reconciliation, unrecognised losses, commitments

Step 1 of 4Learning objectives

Go deeper+3 deeper insights · +2 calculations · +1 point of attention

Linking the investee’s summary to the carrying amount of the interest, tracking losses no longer recognised, and isolating commitments and contingent liabilities tied to joint ventures and associates.

40 minNot started

Learning objectives

  • Calculate the carrying amount of the interest from the summarised net assets, the share and the adjustments.
  • Prepare the reconciliation between the summarised information and the carrying amount.
  • Calculate the unrecognised share of losses for the period and cumulatively.
  • Identify the restrictions on transfers of funds to report.
  • Identify the commitments and contingent liabilities to disclose separately.

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