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  1. IFRS 3: Business Combinations
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IFRS 3: Business Combinations

Comparing proposed amendment...
Objective (para. 1)
Scope (paras. 2-2A)
Identifying a business combination (para. 3)
The acquisition method (paras. 4-53)
Subsequent measurement and accounting (paras. 54-58)
Disclosures (paras. 59-63)
Effective date and transition (paras. 64-67)
Reference to IFRS 9 (para. 67A)
Withdrawal of IFRS 3 (2004) (para. 68)
Appendix A Defined terms
Appendix B Application guidance
Appendix C Amendments to other IFRSs
Approval by the Board of IFRS 3 issued in January 2008
IFRS 3: Basis for Conclusions
Background information
Introduction (paras. BC1-BC4)
Definition of a business combination (paras. BC5-BC21AC)
BC5-BC13
Change in terminology (para. BC14)
Definition of a business (paras. BC15-BC21)
Clarifying the definition of a business (paras. BC21A-BC21AC)
Method of accounting for business combinations (paras. BC22-BC57)
BC22-BC23
Reasons for adopting the acquisition method (paras. BC24-BC28)
Reasons for rejecting the pooling method (paras. BC29-BC54)
The fresh start method (paras. BC55-BC57)
Scope (para. BC58-BC79)
BC58
Joint ventures and combinations of entities under common control (paras. BC59-BC61)
Not‑for‑profit organisations (paras. BC62-BC63)
Combinations of mutual entities (paras. BC64-BC77)
Combinations achieved by contract alone (paras. BC78-BC79)
Applying the acquisition method (paras. BC80-BC400)
BC80-BC81
Identifying the acquirer (paras. BC82-BC105)
Determining the acquisition date (paras. BC106-BC110)
Recognising and measuring the identifiable assets acquired, the liabilities assumed and any non‑controlling interest in the acquiree (paras. BC111-BC311)
Recognising and measuring goodwill or a gain from a bargain purchase (paras. BC312-BC382)
Additional guidance for particular types of business combinations (paras. BC383-BC389)
Measurement period (paras. BC390-BC400)
Disclosures (paras. BC401-BC428)
BC401-BC402
Disclosure requirements of SFAS 141 (paras. BC403-BC410)
Disclosure requirements of IFRS 3 (paras. BC411-BC418)
Disclosure requirements of the revised standards (paras. BC419-BC422)
Disclosure of information about post-combination revenue and profit or loss of the acquiree (paras. BC423-BC428)
Effective date and transition (paras. BC429-BC434F)
BC429-BC432
Effective date and transition for combinations of mutual entities or by contract alone (paras. BC433-BC434)
Transition requirements for contingent consideration from a business combination that occurred before the effective date of IFRS 3 (as revised in 2008) (paras. BC434A-BC434C)
Effective date and transition for clarifications of the accounting for contingent consideration that arises from business combinations (para. BC434D)
Scope exceptions for joint ventures (para. BC434E)
Previously held interest in a joint operation (amendments issued in December 2017) (para. BC434F)
Amendments issued in May 2020 (paras. BC434G-BC434H)
Benefits and costs (paras. BC435-BC439)
Appendix - Amendments to the Basis for Conclusions on other IFRSs
Dissenting opinions
IFRS 3: Illustrative Examples
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