IFRS 12 definition

IFRS 12 means IFRS 12, Disclosure of Interests in Other Entities.
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IFRS 12 means IFRS 12, Disclosure of Interests in Other Entities. “Informed Person” has the meaning given to it on page 50. “Interim Receiver” means PricewaterhouseCoopers LLP.
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Examples of IFRS 12 in a sentence

  • All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to IFRS 10 and IFRS 12 as if such variable interest entity was a Subsidiary as defined herein.

  • FSE will have to comply with corresponding disclosure requirements, in particular in accordance with IFRS 12.

  • Under IFRS 12, enhanced disclosures are required for entities reporting interests in other entities, including joint arrangements, special purpose vehicles, and off balance sheet vehicles.

  • IFRS 12 is a new and comprehensive standard on disclosure requirements for all forms of interests in other entities, including subsidiaries, joint operations, joint ventures, associates and unconsolidated structured entities.

  • Njord has implemented the following interpretations in the financial statements for 2014: IFRS 10 "Consolidated Financial Statements", IFRS 11 "Joint Arrangements", IFRS 12 "Disclosure of Interests in Other Entities", IAS 27 "Separate Financial Statements (as revised in 2011)", IAS 28 "Investments in Associates and Joint Ventures (as revised in 2011)" and Amendments to IFRS 10, IFRS 12 and IAS 27 for "Investments Entities".

  • IFRS 12 sets out the requirement for disclosures relating to an entity’s interests in subsidiaries, joint arrangements, associates and structured entities.

  • If the Closing occurs, the delivery of any such updated disclosure will be deemed to have cured any misrepresentation or breach of warranty that otherwise might have existed hereunder by reason of any such event, circumstance or fact which arose subsequent to the date of this Agreement and, from and after the Closing Date, no Buyer Indemnified Party will have any indemnification claim for any misrepresentation or breach of warranty related to such disclosure.

  • In May 2011, the IASB issued IFRS 12 Disclosure of Interests in Other Entities (“IFRS 12”), which is effective for annual periods beginning on or after January 1, 2013, with early application permitted.

  • IFRS 12 supersedes IAS 27 “Consolidated and Separate Financial Statements” and SIC-12 “Consolidation – Special Purpose Entities”.

Related to IFRS 12

  • IFRS means the International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • IFR means the symbol used to designate the instrument flight rules;

  • UK GAAP means generally accepted accounting principles in the United Kingdom set forth from time to time by the United Kingdom Accounting Standards, which are applicable to the circumstances and in effect as of the date of determination thereof.

  • IASB means the International Accounting Standards Board;

  • U.S. GAAP means United States generally accepted accounting principles.