IFRS compliance checklist
Checklist item |
Responsible |
|---|---|
Control-based consolidation applied (power + returns + ability all confirmed) |
Group consolidation team |
Acquisition method applied for all business combinations |
Group consolidation team |
Goodwill — impairment test run (no amortization) |
Group consolidation team |
Bargain purchase recognized in P&L immediately |
Group consolidation team |
NCI measurement method confirmed (full or partial goodwill) |
Group consolidation team |
Equity method applied for joint ventures (not proportional) |
Group consolidation team |
Balance sheet accounts translated at END |
System administrator |
P&L accounts translated at AVG |
System administrator |
Equity accounts translated at HISTAVG — not opening rate |
System administrator |
FCTR posted to OCI (not directly within equity) |
Group consolidation team |
Deferred tax recognized on all PPA items |
Group consolidation team |
Statement of Financial Position passes control check |
Group consolidation team |
Statement of P&L and OCI reviewed and approved |
Finance controller |
Finance controller has formally approved consolidated statements |
Finance controller |