IFRS – Business Combinations - IFRS 3   

Course Details

This course provides an overview of IFRS 3 and explains the acquisition method, measurement and recognition principles and disclosures required by IFRS 3 via interactive examples.

By the end of this course, participants should be able to:

• identify the scope of IFRS 3
• determine whether a transaction or other event is a business combination
• calculate the consideration transferred
• recall and apply initial and subsequent recognition and measurement principles for the identifiable assets acquired, the liabilities assumed, and any non-controlling interests in the acquiree
• recall and apply exceptions to the general recognition and measurement principles
• recall and apply requirements of IFRS 3 to a business combination achieved in stages and to a business combination achieved without transferring consideration
• identify disclosures required by IFRS 3.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, Business Combinations, IFRS 3, Accounting

Other Details

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.