IFRS 3 Business Combinations | Adviser Alert

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IFRS 3 Business Combinations

Insights

IFRS | Certification | Raymond Chabot Grant Thornton

Published on July 30, 2025

• 1 min read

Mergers and acquisitions (business combinations) can have a fundamental impact on the acquirer’s operations, resources and strategies. Such transactions are infrequent for most entities, and each one is unique. IFRS 3 Business Combinations contains the requirements for these transactions, which are challenging in practice. The standard itself has been in place for more than 10 years now and has undergone a post-implementation review by the IASB.

The Insights into IFRS 3 series summarizes the key areas of the standard, highlighting aspects that are more difficult to interpret and revisiting the most relevant features that could impact your business.

The first new publication presents guidance on IFRS 3’s requirements for business combinations where the accounting is incomplete at the reporting date. The second new publication provides guidance on the disclosure requirements of IFRS 3. They are as follows:

Business combinations where the accounting is incomplete at the reporting date;
Disclosures under IFRS 3: Understanding the requirements.

The publications mentioned above follow.

IFRS Adviser Alert | Insights into IFRS 3 Business Combinations | July 2025

Download the document Adviser_Alert_Insights_IFRS_3_July_2025_P

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