IFRS for SMEs / Section 9: Consolidated and Separate Financial Statements

Section 9: Consolidated and Separate Financial Statements

Section 9 requires a parent to present consolidated financial statements for the group it controls, subject to exemptions, and covers separate financial statements.

Disclosures to look for

9.23 Disclosures in consolidated financial statements.

How Sight applies it

Sight compiles single-entity financial statements today; consolidation is not yet supported.

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