IFRS 12 Disclosure of Interests in Other Entities
E453775
IFRS 12 Disclosure of Interests in Other Entities is an international accounting standard that sets out comprehensive disclosure requirements for a reporting entity’s interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities to help users assess the nature, risks, and financial effects of those interests.
All labels observed (1)
| Label | Occurrences |
|---|---|
| IFRS 12 Disclosure of Interests in Other Entities canonical | 3 |
How this entity was disambiguated
This entity first appeared as the object of triple T4575893 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: IFRS 12 Disclosure of Interests in Other Entities Context triple: [International Financial Reporting Standards, hasStandard, IFRS 12 Disclosure of Interests in Other Entities]
-
A.
International Financial Reporting Standards
International Financial Reporting Standards are a globally recognized set of accounting rules and principles designed to bring transparency, consistency, and comparability to financial statements across different countries.
-
B.
IFRS
IFRS (International Financial Reporting Standards) is a globally used set of accounting standards designed to bring transparency, comparability, and consistency to financial statements across different countries.
-
C.
FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
-
D.
Disclosure Guidance and Transparency Rules
Disclosure Guidance and Transparency Rules are a set of UK regulatory requirements that mandate how listed companies report, disclose information, and maintain transparency to investors and the market.
-
E.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: IFRS 12 Disclosure of Interests in Other Entities Target entity description: IFRS 12 Disclosure of Interests in Other Entities is an international accounting standard that sets out comprehensive disclosure requirements for a reporting entity’s interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities to help users assess the nature, risks, and financial effects of those interests.
-
A.
International Financial Reporting Standards
International Financial Reporting Standards are a globally recognized set of accounting rules and principles designed to bring transparency, consistency, and comparability to financial statements across different countries.
-
B.
IFRS
IFRS (International Financial Reporting Standards) is a globally used set of accounting standards designed to bring transparency, comparability, and consistency to financial statements across different countries.
-
C.
FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
-
D.
Disclosure Guidance and Transparency Rules
Disclosure Guidance and Transparency Rules are a set of UK regulatory requirements that mandate how listed companies report, disclose information, and maintain transparency to investors and the market.
-
E.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
International Financial Reporting Standard
ⓘ
accounting standard ⓘ financial reporting standard ⓘ |
| aimsToImprove |
usefulness of information about group relationships
ⓘ
users’ understanding of risks arising from involvement with other entities ⓘ |
| appliesIn |
consolidated financial statements
ⓘ
separate financial statements when required by other standards ⓘ |
| appliesTo | reporting entities that have interests in other entities ⓘ |
| covers |
associates
ⓘ
joint arrangements ⓘ joint ventures ⓘ subsidiaries ⓘ unconsolidated structured entities ⓘ |
| focusesOn |
comparability of disclosures about interests in other entities
ⓘ
transparency of off-balance sheet exposures through structured entities ⓘ |
| governs | disclosures about interests in other entities ⓘ |
| issuedBy | International Accounting Standards Board ⓘ |
| objective |
to require disclosures that enable users to evaluate the effects of interests in other entities on cash flows
ⓘ
to require disclosures that enable users to evaluate the effects of interests in other entities on financial performance ⓘ to require disclosures that enable users to evaluate the effects of interests in other entities on financial position ⓘ to require disclosures that enable users to evaluate the nature of interests in other entities ⓘ to require disclosures that enable users to evaluate the risks associated with interests in other entities ⓘ |
| partOf | IFRS framework ⓘ |
| relatedTo |
IAS 28 Investments in Associates and Joint Ventures
ⓘ
IFRS 10 Consolidated Financial Statements ⓘ IFRS 11 Joint Arrangements ⓘ |
| requires |
disclosures by class of interests in other entities
ⓘ
tabular and narrative disclosures where relevant ⓘ |
| requiresDisclosureOf |
commitments to provide financial or other support to unconsolidated structured entities
ⓘ
composition of the group ⓘ events or circumstances that could expose the reporting entity to losses from its involvement with unconsolidated structured entities ⓘ information about changes in ownership interests in subsidiaries that do not result in a loss of control ⓘ information about loss of control of a subsidiary ⓘ nature and extent of interests in joint arrangements and associates ⓘ nature and extent of interests in unconsolidated structured entities ⓘ nature of risks associated with interests in unconsolidated structured entities ⓘ non-controlling interests in subsidiaries ⓘ restrictions on the ability to access or use assets and settle liabilities of the group ⓘ significant judgments and assumptions in determining control ⓘ significant judgments and assumptions in determining joint control ⓘ significant judgments and assumptions in determining significant influence ⓘ sponsorship of unconsolidated structured entities ⓘ summarised financial information for material joint ventures and associates ⓘ |
| scopeIncludes |
interests in associates
ⓘ
interests in joint arrangements ⓘ interests in subsidiaries ⓘ interests in unconsolidated structured entities ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: IFRS 12 Disclosure of Interests in Other Entities Description of subject: IFRS 12 Disclosure of Interests in Other Entities is an international accounting standard that sets out comprehensive disclosure requirements for a reporting entity’s interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities to help users assess the nature, risks, and financial effects of those interests.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
International Financial Reporting Standards
→
hasStandard
→
IFRS 12 Disclosure of Interests in Other Entities
ⓘ
IFRS 10 Consolidated Financial Statements
→
relatedTo
→
IFRS 12 Disclosure of Interests in Other Entities
ⓘ