Business resilience Retuning your business
It's time to pause, reset, and go. We take a look at the internal enablers and external drivers to reset your business.
The assessment of whether one entity controls another (ie when a parent-subsidiary relationship exists) is essential to the preparation of financial statements under International Financial Reporting Standards (IFRS).
A number of issues relating to consolidated financial statements can have a significant effect on your business. Our guidance relates to applying the requirements of IFRS 10 ‘Consolidated Financial Statements’, where we highlight the challenges you will face. We also help you to be able to identify and value intangible assets in a business combination when accounting under IFRS 3 ‘Business Combinations’.
To discuss how these issues will further impact you please contact your local member firm.