The ‘Insights into IFRS 3 – Reverse acquisitions explained’ article introduces situations in which mergers and acquisitions are accounted for as reverse acquisitions and how they should be accounted for – either as a business combination under IFRS 3 ‘Business Combinations’ or as an asset acquisition (if what is being acquired is not a business). This IFRS Viewpoint sets out the accounting issues related to reverse acquisitions that are out of the scope of IFRS 3:
Read full report
Our IFRS Viewpoint series provides insights from our global IFRS team on applying IFRS in challenging situations. Each edition focuses on an area where the Standards have proved difficult to apply or lack guidance. If you would like to discuss any of the topics raised, please contact our experts Christoph Zimmel and Rita Gugl.