Acquiree definition in ifrs

An acquiree is one or more businesses controlled by an acquirer in a business combination.

For example, company A acquires 90% of the interest of entity B.

In this case, entity A is known as the acquired company, and entity B is the acquiree entity.

In this way, the acquiring company must recognize the assets and liabilities at fair value of the acquiree entity.

After the business combination, it will be necessary to carry out a consolidation process of financial statements.

The acquiree entity will be known as a subsidiary in such a case.

An acquiree does not necessarily have to be an entity; it can be, for example, a company business line.

The important thing, in this case, is that the acquiree company meets a business definition.

In the context of IFRS 3, a business is an integrated set of activities and assets that are directed and managed to obtain profitability or lower costs for investors.

If you want more information, you can read the following post.

Are you looking to stay ahead in the ever-changing business world and enhance your understanding of International Financial Reporting Standards (IFRS)?

Look no further!

Our IFRS course is designed to provide you with the knowledge and skills you need to succeed in today’s global economy.

Our course is led by industry experts who have years of experience in the field, providing you with the most up-to-date and relevant information.

The course is designed to be interactive, with quizzes, case studies, and practical examples to help you retain the information and apply it in the real world.

The course is also flexible, it’s available online, allowing you to learn at your own pace and on your own schedule.

Plus, we offer a money-back guarantee, meaning that if you are not satisfied with the course, we will refund your money.

Don’t miss this opportunity to stay ahead of the game and gain a competitive edge in the business world.

Sign up for our IFRS course today!