Navigating IFRS

This article discusses the implementation of the disclosure requirements for subsidiaries that meet the criteria to be classified as ‘Subsidiaries without Public Accountability’

In this article, we explain the general objectives of the disclosure requirements, discuss which business combinations require disclosure, and set out the minimum disclosure requirements of IFRS 3. The article also includes an illustrative business combination disclosure, and insights on certain disclosure areas.

This article discusses the requirements when the business combination accounting is incomplete at the reporting date. In this article we discuss the use of provisional amounts at the reporting date, and explain the measurement period and related adjustments, with an illustrative example setting out how measurement period adjustments are reported.

The International Accounting Standards Board regularly publishes new International Financial Reporting Standards (IFRS), Interpretations of Standards (IFRIC) or amendments to existing IFRS Standards. In response to these, the global IFRS team publishes IFRS Alerts on these changes. Doane Grant Thornton is pleased to share our Alerts with you.

According to data in the World Economic Outlook (WEO) report issued by the International Monetary Fund (IMF) in April 2025 and based on economic conditions that currently exist, certain countries are considered to be hyperinflationary at June 30, 2025.

Share-based payments have become increasingly popular over the years, with many entities using equity instruments or cash and other assets based on the value of equity instruments as a form of payment to directors, senior management, employees and other suppliers of goods and services.

Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB) with the potential to significantly impact the presentation of a complete set of financial statements.

Share-based payments have become increasingly popular over the years, with many entities using equity instruments or cash and other assets based on the value of equity instruments as a form of payment to directors, senior management, employees and other suppliers of goods and services.

Our ‘Insights into IFRS 3’ series summarises the key areas of the Standard, highlighting aspects that are more difficult to interpret and revisiting the most relevant features that could impact your business.