Which accounting standard established the disclosure requirements relating to a parent's interests in subsidiaries?
A) IFRS 3 Business Combinations
B) IFRS 10 Consolidated Financial Statements
C) IFRS 12 Disclosure of Interests in Other Entities
D) IAS 27 Separate Financial Statements

Question

Quizplus · Accepted Answer

IFRS 12 Disclosure of Interests in Other Entities specifically addresses the disclosure requirements for interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities.

Which Accounting Standard Established the Disclosure Requirements Relating to a Parent's