{"id":1443,"date":"2021-02-11T17:18:52","date_gmt":"2021-02-11T16:18:52","guid":{"rendered":"https:\/\/eaa-online.org\/arc\/blog\/blog\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/"},"modified":"2025-07-14T08:06:50","modified_gmt":"2025-07-14T06:06:50","slug":"report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under","status":"publish","type":"post","link":"https:\/\/eaa-online.org\/arc\/blog\/2021\/02\/11\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/","title":{"rendered":"Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper &#8220;Business Combinations under Common Control&#8221;)"},"content":{"rendered":"<p style=\"box-sizing: border-box; margin: 0px; padding: 10px 0px; border: 0px none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; outline: 0px; vertical-align: top; color: #3e454c; font-family: Roboto, sans-serif; font-size: 14px; text-align: justify;\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px; border: 0px none; background: transparent; font-weight: inherit; outline: 0px; vertical-align: top; font-size: 10.5pt;\">On&nbsp;<strong style=\"box-sizing: border-box; margin: 0px; padding: 0px; border: 0px none; background: transparent; outline: 0px; vertical-align: top;\">29 January 2021<\/strong>,&nbsp;<\/span>the International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) held an IFRS-EAA Virtual Workshop&nbsp;<span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit;\">that provide an overview of the IASB\u2019s&nbsp;<\/span><em style=\"background: transparent; font-size: 10.5pt; font-weight: inherit; box-sizing: border-box; margin: 0px; padding: 0px; border: 0px none; outline: 0px; vertical-align: top;\">Business Combinations under Common Control <\/em>(BCUCC)&nbsp;<span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit;\">Discussion Paper (DP) and EFRAG\u2019s developing views for consultation on that DP. Attended by roughly 200 participants, the&nbsp;<\/span><span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit;\">workshop covered issues including: a) When to apply the acquisition method and a book-value method to a BCUCC in the financial statements of the receiving entity; b) how to apply the acquisition method; and c) how to apply a book-value method. Each section was presented by IASB and EFRAG staff and accompanied by an academic reflection by Martin Hoogendoorn, followed by questions and comments from the audience, on which IASB Board member Ann Tarca and Patricia McBride from EFRAG added comments.&nbsp; &nbsp;<\/span><\/p>\n<p style=\"box-sizing: border-box; margin: 0px; padding: 10px 0px; border: 0px none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; outline: 0px; vertical-align: top; color: #3e454c; font-family: Roboto, sans-serif; font-size: 14px; text-align: justify;\"><span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit;\">Please watch the video recording <a href=\"https:\/\/eaa-online.org\/arc\/repository\/slides-iasbs-business-combinations-under-common-control-discussion-paper\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/span><\/p>\n<p style=\"box-sizing: border-box; margin: 0px; padding: 10px 0px; border: 0px none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; outline: 0px; vertical-align: top; color: #3e454c; font-family: Roboto, sans-serif; font-size: 14px;\">I want to thank all participants for their contributions, and I am looking forward to welcoming you to the next&nbsp;<span style=\"text-align: justify;\">IFRS-EAA Virtual Workshop<\/span>!<\/p>\n<p style=\"box-sizing: border-box; margin: 0px; padding: 10px 0px; border: 0px none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; outline: 0px; vertical-align: top; color: #3e454c; font-family: Roboto, sans-serif; font-size: 14px;\"><span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit; text-align: justify;\">Best wishes,<\/span><\/p>\n<p style=\"box-sizing: border-box; margin: 0px; padding: 10px 0px; border: 0px none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; outline: 0px; vertical-align: top; color: #3e454c; font-family: Roboto, sans-serif; font-size: 14px;\"><span style=\"background-color: transparent; font-size: 10.5pt; font-weight: inherit; text-align: justify;\">Thorsten Sellhorn, EAA President 2019-2021<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On&nbsp;29 January 2021,&nbsp;the International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) held an IFRS-EAA Virtual Workshop&nbsp;that provide an overview of the IASB\u2019s&nbsp;Business Combinations under Common Control (BCUCC)&nbsp;Discussion Paper (DP) and EFRAG\u2019s developing views for consultation on that DP. Attended by roughly 200 [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[127],"tags":[2,7],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper &quot;Business Combinations under Common Control&quot;) - ARC<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper &quot;Business Combinations under Common Control&quot;) - ARC\" \/>\n<meta property=\"og:description\" content=\"On&nbsp;29 January 2021,&nbsp;the International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) held an IFRS-EAA Virtual Workshop&nbsp;that provide an overview of the IASB\u2019s&nbsp;Business Combinations under Common Control (BCUCC)&nbsp;Discussion Paper (DP) and EFRAG\u2019s developing views for consultation on that DP. Attended by roughly 200 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eaa-online.org\/arc\/blog\/2021\/02\/11\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/\" \/>\n<meta property=\"og:site_name\" content=\"ARC\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-11T16:18:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-14T06:06:50+00:00\" \/>\n<meta name=\"author\" content=\"Thorsten Sellhorn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Thorsten Sellhorn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/02\/11\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/02\/11\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/\",\"name\":\"Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper \\\"Business Combinations under Common Control\\\") - ARC\",\"isPartOf\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\"},\"datePublished\":\"2021-02-11T16:18:52+00:00\",\"dateModified\":\"2025-07-14T06:06:50+00:00\",\"author\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/27e68a34fe7757e65366c331f1442970\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eaa-online.org\/arc\/blog\/2021\/02\/11\/report-and-video-ifrs-eaa-virtual-workshop-iasb-discussion-paper-business-combinations-under\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\",\"url\":\"https:\/\/eaa-online.org\/arc\/\",\"name\":\"ARC\",\"description\":\"Advanced Resources Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eaa-online.org\/arc\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/27e68a34fe7757e65366c331f1442970\",\"name\":\"Thorsten Sellhorn\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/members\/46\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper \"Business Combinations under Common Control\") - ARC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Report and video: IFRS-EAA Virtual Workshop (IASB Discussion Paper \"Business Combinations under Common Control\") - ARC","og_description":"On&nbsp;29 January 2021,&nbsp;the International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) held an IFRS-EAA Virtual Workshop&nbsp;that provide an overview of the IASB\u2019s&nbsp;Business Combinations under Common Control (BCUCC)&nbsp;Discussion Paper (DP) and EFRAG\u2019s developing views for consultation on that DP. 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