• Service: Audit
  • Industry: Investment Management, Building, Construction & Real Estate, Financial Services
  • Type: Business and industry issue
  • Date: 4/1/2012

IFRS Practice Issues: Applying the Consolidation Model to Fund Managers 

To consolidate or not to consolidate: that is the question many fund managers may be asking themselves when analyzing the requirements of IFRS 10 Consolidated Financial Statements.
This publication helps to answer the question by focusing on the key issue: whether a fund manager acts as a principal or an agent with respect to its managed funds.