2022-06-02-KPMG_China-俄乌冲突——企业对被投资方的会计核算会受何影响_3页_116kb

Ukraine-Russia conflict may disrupt investor relationships in affected countries, potentially leading to cessation of operations, repatriation issues, or new restrictions.

Key accounting impacts under IFRS standards require reassessment of control, joint control, or significant influence for subsidiaries, associates, and joint ventures. Loss of control is unlikely unless there is a substantial change, while joint control or significant influence may be lost due to external factors like government takeover.

Other considerations include possible impairment of assets, presentation as held-for-sale, or discontinued operations if IFRS 5 applies.

Management should closely monitor the conflict, re-evaluate accounting for investees, check the three elements of control (power, variable returns, linkage), assess loss of influence, consider impairment and special classifications, and ensure adequate disclosures as per IFRS 12 and 13.