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Pfrs 12 Disclosure of Interest in Other Entities
Pfrs 12 Disclosure of Interest in Other Entities
DISCLOSURE OF
INTEREST IN OTHER
ENTITIES
CO
OVERVIEW
N
OBJECTIVE AND SCOPE
TE
N
DISCLOSURE: INFORMATION
TS
REQUIRED
INTEREST IN UNCONSOLIDATED STRUCTURED
ENTITIES
OVERVIEW
PFRS 12 requires all disclosures that were previously required by
IAS 27 Consolidated Financial Statements, IAS 31 Interest in Joint
Ventures and IAS 28 Investment in Associates. In addition, PFRS 12
requires a number of new disclosures and one of the most
significant of these is the judgements made by an entity to
determine whether it controls another entity.
Interest in Subsidiary
Evaluate
• The nature and extent of significant restrictions on its ability to
access or use assets, and settle liabilities, of the group;
• The nature of, and changes in, the risks associated with its interests
in consolidated structured entities;
• The consequences of changes in its ownership interest in a
subsidiary that do not result in a loss of control
DISCLOSURE INFORMATION REQUIRED:
INTEREST IN SUBSIDIARIES
Objectives:
Tampoy, Aljelica M.
Navida, Melanie S.
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