IFRS 12 Disclosure of Interests in Other Entities

On 12 May 2011 the IASB issued IFRS 12 Disclosure of Interests in Other Entities. IFRS 12 Disclosure of Interests in Other Entities is a new and comprehensive standard on disclosure requirements for all forms of interests in other entities, including subsidiaries, joint arrangements, associates and unconsolidated structured entities.

IFRS 12 is effective for annual periods beginning on or after 1 January 2013. Earlier application is permitted.

An Effect Analysis document of IFRS 10 Consolidated Financial Statements and IFRS 12 Disclosure of Interests in Other Entities is available here.