Record each ownership event by date and type. BrizoConsol applies the right accounting treatment automatically — goodwill on step-up to control, equity adjustments on intra-control changes, and disposal gains where control is lost.
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Most tools store one ownership percentage per entity. Step acquisitions and partial disposals require different accounting treatments depending on whether control is gained, lost, or maintained — and most platforms don't distinguish between them.
| Scenario | What most tools do | What BrizoConsol does |
|---|---|---|
| Step-up from associate to control | Treats it as a new acquisition from zero — previously held interest ignored | Remeasures the previously held interest at fair value on acquisition date; gain/loss posted to P&L per IFRS 3 |
| Purchase of additional interest while controlling | Recalculates goodwill or ignores the transaction entirely | Treats as equity transaction — NCI adjusted, no goodwill change, difference goes to equity reserve |
| Partial disposal retaining control | Posts a gain/loss in P&L — incorrect under IFRS 10 | Equity transaction only — proceeds vs. NCI adjustment flows to equity; no P&L entry |
| Disposal losing control | No derecognition — subsidiary still consolidates at reduced percentage | Derecognizes assets and liabilities; recognises disposal gain/loss and CTA recycling in P&L |
| Historical periods after an ownership change | Single percentage applied across all periods — NCI figures in prior periods are wrong | Each period uses the ownership structure in effect at that time — automatically |
Record an ownership event with a date, percentage, and type. BrizoConsol determines the correct accounting treatment and applies it — no journals to prepare by hand.
Previously held interest is remeasured at fair value on the acquisition date. Any gain or loss is recognised in P&L. Goodwill is calculated on the full fair value of the subsidiary at that date, per IFRS 3 / US GAAP ASC 805.
FV gain/loss → P&L · Goodwill recalculatedNo goodwill impact. The difference between the consideration paid and the increase in the parent's share of net assets is recognised directly in equity — an equity transaction, not a business combination.
Equity reserve movement · No P&LProceeds versus the decrease in the parent's share of net assets go to equity. No gain or loss in P&L. NCI is increased to reflect the reduced parent ownership. Correct treatment per IFRS 10 / ASC 810.
Equity transaction only · No P<he subsidiary is derecognised. A disposal gain or loss is posted to P&L: proceeds plus fair value of any retained interest, less the carrying amount of the subsidiary's net assets and any related goodwill and CTA. Remaining interest remeasured at fair value.
Derecognition · Disposal gain/loss → P&LWhen a parent steps up from an associate position to a controlling stake, IFRS 3 requires remeasuring the previously held interest at acquisition-date fair value. BrizoConsol records this automatically.
| Component | SGD | Source |
|---|---|---|
| Consideration paid (37% step-up) | $510,000 | Input |
| FV of previously held interest (35%) | $380,000 | Input |
| NCI at fair value (28%) | $224,000 | Input |
| Net identifiable assets | ($830,000) | Input |
| Goodwill recognised | $284,000 | Auto |
| FV gain on previously held interest | +$47,200 → P&L | Auto |
IFRS 10 and ASC 810 draw a sharp line: selling down while keeping control is an equity transaction. Losing control triggers derecognition and a P&L gain or loss. Record the disposal — BrizoConsol applies the correct treatment automatically.
| Component | SGD |
|---|---|
| Proceeds on disposal | $620,000 |
| FV of retained interest (20%) | $190,000 |
| Net assets derecognised | ($580,000) |
| Goodwill derecognised | ($142,000) |
| NCI derecognised | $128,000 |
| CTA recycled from OCI | ($18,400) |
| Disposal gain recognised in P&L | $197,600 |
Goodwill is computed on step-up to control using the acquisition-date inputs you provide — consideration, NCI fair value, previously held interest, and net identifiable assets. Recalculation never happens on intra-control transactions.
Every ownership event updates NCI across P&L, Balance Sheet, and equity. Historical periods retain the NCI percentage that was in effect at the time — no retroactive errors, no manual corrections.
On step-up to control, the previously held interest is remeasured at acquisition-date fair value. The gain or loss flows to P&L automatically — no separate journal entry required.
When control is lost, cumulative translation differences (CTA) accumulated in OCI are recycled to P&L as part of the disposal gain or loss — as required under IFRS and US GAAP. Calculated automatically.
Intra-control purchases and disposals where control is retained go through equity — not P&L. The difference between consideration and NCI movement is tracked in a dedicated equity reserve, keeping your P&L clean.
Every ownership event is logged with its date, type, percentage, and accounting treatment applied. Auditors can trace every goodwill figure, every NCI movement, and every disposal gain back to a dated, documented event.
The principles are consistent across standards — but the details differ in edge cases. BrizoConsol applies the correct treatment for the standard assigned to each entity.
Step acquisitions, partial disposals, goodwill calculation, NCI, CTA, and multi-accounting standards — all included in Pro. No add-ons, no implementation fees.
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Also in Pro: CTA / FCTR → · NCI → · Accounting Standards →
Record ownership events once. BrizoConsol applies the right treatment automatically — goodwill, NCI, CTA, and disposal gains across every period.
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