In May 2011 the International Accounting Standards Board issued IFRS 12 Disclosure of Interests in Other Entities. IFRS 12 replaced the disclosure requirements in IAS 27 Consolidated and Separate …

IFRS 12 requires an entity to disclose information to help users of its financial statements evaluate the nature of, and risks associated with, its interests in other entities as well as the effects of those …

IFRS 12 contains the disclosure requirements for the following standards: IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IAS 28 Investments in Associates and Joint …

Sep 13, 2024 · IFRS 12 introduces the concept of a structured entity and sets out specific disclosure requirements for them. These entities are designed in a way that control isn’t primarily determined by …

Nov 27, 2025 · International Financial Reporting Standard 12 (IFRS 12) mandates comprehensive disclosure requirements for entities with interests in other organizations. The standard was designed …

Structured entity - An entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative …

IFRS 12 addresses the disclosure of a reporting entity’s interests in other entities when the reporting entity has a special relationship with those other entities, ie it controls another entity, has joint control …

Although some aspects of the examples may be present in actual fact patterns, all relevant facts and circumstances of a particular fact pattern would need to be evaluated when applying IFRS 12.

In applying this Standard, the entity must disclose information on significant judgments and assumptions (as well as changes to these) made in determining the nature of the investment in another entity …

The disclosure requirements of IFRS 12, enables users of an entity’s financial statements to understand and evaluate the information contained therein. Refer to IFRS 10 and IFRS 12 e-Learning for more.