IMPROVING THE METHODOLOGY FOR RECOGNISING THE RESULTS OF THE DISPOSAL OF A SUBSIDIARY IN CONSOLIDATED FINANCIAL STATEMENTS.

Abstract

This article substantiates the methodology for recognising the results of the disposal (derecognition) of a subsidiary in consolidated financial statements. In accordance with the requirements of IFRS (IFRS 10 “Consolidated Financial Statements” and IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations”), the paper examines the loss of control, derecognition of assets and liabilities, determination of the financial results from disposal, and the mechanisms for their proper presentation in the consolidated statement of profit or loss. The proposed approach ensures the accurate, consistent, and transparent reflection of disposal transactions in consolidated financial reporting.