Distinguish affiliated companies, subsidiaries and associates, with a group-structure example and practical checks for contracts and reporting.
Accounting · Topic
Consolidation & Group Reporting
Expert guides, analysis and tool comparisons on Consolidation & Group Reporting from the kurums.com Accounting desk — written for business decision-makers and updated as the market moves.
- 6 guides
- Updated Sep 5, 2026
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IAS 28 Associates and Joint Ventures: The Equity Method Explained
A practical guide to IAS 28 — significant influence, the equity method, classifying joint arrangements, handling losses and impairment, and how associates differ from subsidiaries.
IAS 21 Foreign Exchange: Functional Currency and Translating Foreign Operations
A practical guide to IAS 21 — functional currency, translating foreign currency transactions and foreign operations, the translation reserve, and recycling on disposal.
Goodwill Under IFRS: Recognition, Impairment Testing and What It Signals
A practical guide to goodwill under IFRS — what it represents, how it is measured, why it is impairment-tested rather than amortised, and what an impairment signals.
IFRS 3 Business Combinations: The Acquisition Method and Purchase Price Allocation
A practical guide to IFRS 3 — the acquisition method, purchase price allocation, measuring non-controlling interests, contingent consideration, and the measurement period.
IFRS 10 Consolidated Financial Statements: The Control Model Explained
A practical guide to IFRS 10 — the control model, the consolidation process, non-controlling interests, changes in ownership, and the investment entity exception.