Link with IFRS 10: loss of control and the 2016 decision

Learning objectives

• Assess why the tension between the limited gain under B34-B35 and the loss of control under IFRS 10 is unresolved and must not be taught as a requirement in force.L3, L4

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

1 question

• In July 2016 the Interpretations Committee noted a tension between the limitation of gain to the other parties' interests (IFRS 11, B34 and B35) and the accounting for loss of control in IFRS 10. What is the status of the corresponding amendments to IFRS 10 and IAS 28?L3