IFRS 10: Consolidated Financial Statements¶
International Accounting Standards Board. (2011). IFRS 10: Consolidated Financial Statements.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Unity Test
- The unifying relation differs by purpose: for group consolidation it is control — a parent consolidates a subsidiary into one set of books when it holds the power to direct the subsidiary's relevant activities, typically above a voting-control threshold; for antitrust it is economic-unit analysis; for brand it is market-facing identity; for headcount or liability it is the legal-employer boundary.
This sourceDefines control as the basis for group consolidation — when a parent consolidates a subsidiary into one reporting entity — the threshold-and-relation unity test for what counts as one company.
- The unifying relation differs by purpose: for group consolidation it is control — a parent consolidates a subsidiary into one set of books when it holds the power to direct the subsidiary's relevant activities, typically above a voting-control threshold; for antitrust it is economic-unit analysis; for brand it is market-facing identity; for headcount or liability it is the legal-employer boundary.
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
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