• Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 16/05/2011

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

Disclosures about interests in other entities (2011/16) 

IFRS 12 Disclosure of Interests in Other Entities combines, in a single standard, the disclosure requirements for subsidiaries, associates and joint arrangements, as well as unconsolidated structured entities. It was issued by the IASB on 12 May 2011. IFRS 12 will be effective for annual periods beginning on or after 1 January 2013 and contains specific transition requirements.


  • Expanded disclosures about subsidiaries, joint arrangements and associates.
  • New disclosures about unconsolidated structured entities.
  • New requirements effective in annual periods beginning on or after 1 January 2013.
IFRS Briefing Sheets - International financial reporting updates