Welcome to the website of the IFRS Foundation and the IASB

Monday 01 September 2014

Banner graphic

Business combinations under common control

Business combinations


 Business Combinations under Common Control

Project objective

Group restructurings and reorganisations including those related to preparations for initial public offerings are excluded from the scope of IFRS 3 Business Combinations, because the combining entities are controlled by the same party. These restructurings and reorganisations are often described as business combinations under common control (BCUCC).

Project stages

Deliberations

Expected completion date: H1 2015