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IAS 27 Separate Financial Statements

IAS 27 Separate Financial Statements contains accounting and disclosure requirements for investments in subsidiaries, joint ventures and associates when an entity prepares separate financial statements.

Published May 2011. Effective 1 January 2013 (1 January 2014 for EU preparers).

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IAS 27 is relevant where an entity has investments in subsidiaries, associates and joint ventures and is required to present separate financial statements.

Investments in subsidiaries, associates and joint ventures are accounted for in the separate financial statements of the investor either:

  • at cost, or
  • in accordance with IFRS 9.

The same accounting should be applied to each category of investment.

Dividends from subsidiaries, joint ventures or associates are recognised in profit or loss in the investor’s separate financial statements when a right to receive the dividend is established.

The standard also provides disclosure requirements.

The International Accounting Standards Board (IASB) provides free access to the consolidated unaccompanied international accounting standards for the current year through its website. Free registration is required.

This unaccompanied version does not include additional content that accompanies the full standard, such as illustrative examples, implementation guidance and bases for conclusions.

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The following interpretations refer to IAS 27

The effective start of the EMU after the reporting date does not alter the requirements of IAS 21 at the reporting date.

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This page was last updated 30 August 2022.