Disclosures under IFRS 3: Understanding the requirements

Insights into IFRS 3

08 Jul 2025 1 min read

A business combination often results in a fundamental change to an entity's operations. The nature and extent of the financial statement disclosures can significantly impact a user's ability to assess the effects of the acquisition on the consolidated financial statements. Accordingly, the disclosure requirements for business combinations under IFRS 3 ‘Business Combinations’ are quite extensive.

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

Insights into IFRS 3