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Exemption from preparing consolidated financial statements

Consolidated Financial Statements: Investment Entities Amendments—Exemption from preparing consolidated financial statements


 Narrow-scope amendments to IFRS 10

IFRS 10 Consolidated Financial Statements: Investment Entities Amendments—Exemption from preparing consolidated financial statements for an intermediate parent of an investment entity

The issue is to clarify whether the exemption to present consolidated financial statements, set out in paragraph 4 of IFRS 10, is available to a parent entity that is a subsidiary of an investment entity.

Project stages

Exposure Draft published 11 June 2014