IFRS 10 IN PRACTICE

IFRS 10 in Practice is a practical field guide to applying IFRS 10 Consolidated Financial Statements, from the initial control assessment to a defensible consolidation scope. It focuses on the areas where professional judgement matters most and where seemingly simple ownership structures can create complex accounting conclusions.

Rather than reproducing the Standard, this book translates IFRS 10 into practical decisions and repeatable processes. It takes readers through the power, variable returns and linkage control model, explaining how to assess voting rights, contractual arrangements, potential voting rights, de facto control and structured entities.

Particular attention is given to agent-versus-principal assessments, the investment entity exception, loss of control, non-controlling interests, uniform accounting policies and reporting-date alignment.

The guide also examines the unresolved boundary between IFRS 10 and IAS 28, including the long-standing sale-or-contribution issue and the IASB's ongoing Equity Method project.

Through two realistic case studies, eleven practical workshops, decision checkpoints and ready-to-use templates, readers learn how to build a complete control assessment file, consolidation scope register and evidence trail capable of supporting audit and governance review.

Designed for accountants, financial controllers, CFOs, auditors, finance managers, consultants, academics and advanced accounting students, this guide provides a practical route from control assessment to a defensible consolidation conclusion.