Australia

Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 15/12/2012

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.

Business combination accounting for interests in a joint operation (2012/22) 

In this edition of In the Headlines, we look at the proposal seeking an end to the confusion over whether IFRS 3 applies to acquisitions of a joint operations that meet the definition of a business.