IFRS 12-Disclosure of Interest in Other Entities

Summary of IFRS 12-Disclosure of Interest in Other Entities

IFRS 12 requires an entity to disclose information that enables users of its financial statements to evaluate:

• the nature of, and risks associated with, its interests in a subsidiary, a joint arrangement, an associate or an unconsolidated structured entity; and
• the effects of those interests on its financial position, financial performance and cash flows.

Source:

1. Phnom Penh HR
2. ifrs . org/issued-standards/list-of-standards/ifrs-12-disclosure-of-interests-in-other-entities/