Business combinations where the accounting is incomplete at the reporting date

Insights into IFRS 3

By: Sarah Carroll

26 Jun 2025 Less than a minute

Acquisitions of businesses can take many forms and can have a fundamental impact on the acquirer’s operations, resources and strategies.

Our ‘Insights into IFRS 3’ series summarises the key areas of the Standard. 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.

Where accounting is incomplete at the reporting date
Business combinations:

Where accounting is incomplete at the reporting date

Download PDF now

How we can help

We hope you find the information in this article helpful in giving you some insight into IFRS 3. If you would like to discuss any of the points raised, please speak to your usual Grant Thornton contact or visit www.grantthornton.global/locations to find your local member firm.

TAGS  

Authors

  • Sarah Carroll

    Sarah is the global head of the IFRS and corporate reporting team focussing on the consistent application of both International Financial Reporting Standards (IFRS) and sustainability reporting standards. View Profile