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consolidation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › consolidation

Viewing 2 posts - 1 through 2 (of 2 total)
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  • October 4, 2020 at 2:57 pm #587341
    reneefongg
    Member
    • Topics: 6
    • Replies: 1
    • ☆

    What is the difference between IFRS 10 and IFRS 3?
    If IFRS 10 applied, only IFRS 3 can be applied right.

    October 11, 2020 at 8:12 am #588562
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7172
    • ☆☆☆☆☆

    Hi,

    IFRS 10 sets out how consolidation should be done through the preparation and presentation of consolidated accounts.

    IFRS 3 looks at the more specific details, so looking at how assets/liabilities are measured in the consolidated accounts.

    Thanks

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