Date: 05 May 2021
The UK Endorsement Board secretariat has extended the deadline on its survey on IASB Discussion Paper DP/2020/2 Business Combinations Under Common Control (BCUCC).
We are seeking your views on the proposals in the Discussion Paper, as well as information about your past experiences with BCUCC. The survey is multiple choice and takes around 10 minutes to complete. You do not need to respond to all the questions in the survey. The survey is open until COB 6 May 2021.
The discussion paper proposes a multipath approach to accounting for BCUCC in the Receiving Company of the transaction. Key proposals include:
The survey can be accessed here.
If you would like more information on the Discussion Paper requirements, our recent educational video made in conjunction with IASB can be seen here.