Typical characteristics of an investment entity

Learning objectives

• Explain that the typical characteristics are not mandatory but require disclosures when they are absent.L3

Normative references

• IFRS 10 §28The typical characteristics of an investment entity (more than one investment, more than one investor, investors that are not related parties, ownership interests in the form of equity or similar interests) are not mandatory: the absence of any of them does not necessarily disqualify the entity, but requires disclosures under IFRS 12.

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

1 question

• To be an investment entity, an entity must have all the typical characteristics: more than one investment, more than one investor, investors that are not related parties and ownership interests.L3