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By automating standard administrative and accounting work, cloud accounting with Doane Grant Thornton can free up your time to concentrate on more important...

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Legacy is not only about honouring the past—it’s also about looking forward and continuing to build upon those values, traditions, and achievements to create...

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Cannabis

Whatever your goal, the experts at Grant Thornton are ready to work with you to map out a plan for success. As members of the Global Cannabis Partnership...

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Here’s to the change-makers, the believers and the community-builders. Charities and not-for-profit organizations truly stand apart from the crowd. In today’s...

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Builders And Developers
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Rental Property Owners And Occupiers
In today’s economic climate, it’s more important than ever to have a strong advisory partner on your side.
Real Estate Service Providers
Your company plays a key role in the success of landlords, investors and owners, but who is doing the same for you?

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Energy and natural resources

It’s not business as usual within the energy and natural resources sectors. Change has become constant and disruptive, in part a result of consolidation and...

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Mining
There’s no business quite like mining. It’s volatile, risky and complex – but the potential pay-off is huge. You’re not afraid of a challenge: the key is finding the right balance between risk and reward. Whether you’re a junior prospector, a senior producer, or somewhere in between, we’ll work with you to explore, discover and extract value at every stage of the mining process.
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Financial Services

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Manufacturing & distribution

Canadian manufacturers seeking to grow their businesses must address common issues, including limited access to finance, high raw material costs, inflexible...

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Private equity

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At Grant Thornton, we have the real-world experience and knowledge that can help you in considering all of your strategic alternatives. Whether it be managing...

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IFRS

Advisor alert—IFRS Viewpoint – Common control business combinations

01 Feb 20171 min read

Contents

Overview

The Grant Thornton International IFRS team has published IFRS Viewpoint – Common control business combinations.

The IFRS Viewpoint series provides insights on applying IFRS in challenging situations. Each edition will focus on an area where the standards have proved difficult to apply or lack guidance.

This edition considers how to account for a common control business combination.

The issue

How should an entity account for a business combination involving entities under common control? This is an important issue because common control business combinations occur frequently but are excluded from the scope of IFRS 3 – the IFRS standard on business combination accounting.

Resource

The publication IFRS Viewpoint – Common control business combinations follows this Advisor alert

Download the Advisor alert—IFRS Viewpoint – Common control business combinations

The Grant Thornton International IFRS team has published IFRS Viewpoint – Common control business combinations.

Download PDF [1436 kb]

Advisor alert—IFRS Viewpoint – Common control business combinations

Download the Advisor alert—IFRS Viewpoint – Common control business combinations

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Advisor alert—IFRS Viewpoint – Common control business combinations

Download the Advisor alert—IFRS Viewpoint – Common control business combinations

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