IFRS 10: guides and consolidation worksheet

Plain-English guides to IFRS 10, each with a worked example, and a consolidation worksheet for your own group.

IFRS 10 requires a parent to consolidate every entity it controls. 4 guides and 1 Excel model, all free.

Excel model

Each workbook comes filled in with a worked example, so you can see how it works before replacing the figures with your own. Cells to edit are marked.

Consolidation worksheetExcel downloadParent and subsidiary combined: goodwill, non-controlling interest, intragroup balances and unrealised profit, with balance checks. IFRS 10.

4 guides

IFRS 10 consolidation explained3 minute readIFRS 10 explained: when a parent must prepare consolidated financial statements, the control model, consolidation procedures, NCI and investment entities.
Control: power, returns and the link between them3 minute readHow to assess control under IFRS 10: power over relevant activities, variable returns, principal or agent, de facto control and potential voting rights.
Intragroup transactions and eliminations3 minute readIntragroup eliminations under IFRS 10 explained: intercompany sales, unrealised profit in inventory, intragroup balances and dividends, with journal entries.
A consolidation example from start to finish3 minute readA step-by-step consolidation example under IFRS 10: goodwill, non-controlling interest, intragroup balances and unrealised profit, with a full worksheet.

About these guides

The guides explain the standard in our own words, with our own examples, and point to the paragraphs they rely on. They are general information, not advice for your situation. Read them alongside the standard itself, and check when your regulator adopts it.