Cases treated as a disposal

Learning objectives

• Distinguish the situations accounted for as a disposal (loss of control, of significant influence or of joint control).L3, L4

Normative references

• IAS 21 §48AIn addition to the disposal of an entity's entire interest, the following are accounted for as disposals: (a) a partial disposal involving the loss of control of a subsidiary that includes a foreign operation, regardless of whether the entity retains a non-controlling interest; (b) a partial disposal of an interest in a joint arrangement or an associate that includes a foreign operation, when the retained interest is a financial asset that includes a foreign operation.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

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