consolidation

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October 4, 2020 at 2:57 pm #587341
reneefongg
Member
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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
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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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