Mergers and acquisitions �� Selling a business

Global Corporate Reporting Institute��IFRS Today

Merger and acquisition (M&A) activity continues to rise as the world begins its recovery from the COVID-19 pandemic.

��Ա��acquiring a business, there isn’t one single IFRS standard that covers selling a business. Instead, there are several standards that you’ll need to consider along the way, from when you first start thinking about selling a business right up until the cash is in the bank.

In this podcast, Peter Carlson��Ի��Julia LaPointe look at the relevant IFRS standards and consider three steps that companies should consider in accounting for the sale of a business.

At what point does a business need to be presented separately in the financial statements as held-for-sale or as a discontinued operation?
As a transaction comes together, how is it structured? Are you selling a subsidiary or a group of assets and liabilities?
At what point do you lose control of a subsidiary? How do you calculate the gain or loss on the transaction?

You can also catch up with the other podcasts in our M&A series:

Listen on > >��&��;