Lesson · IFRS 18
The investing category: returns generated individually and largely independently
Apply the test for an asset that generates a return individually and largely independently of the entity's other resources.
17 minutes Standard as at 12 October 2026
What you will be able to do
- Apply the test for an asset that generates a return individually and largely independently of the entity's other resources
- Classify income and expenses from associates, joint ventures and unconsolidated subsidiaries
- Separate assets that meet the test from those that do not and place their income correctly
- Contrast the general treatment with the position of an entity that invests in assets as a main business activity
This is a preview of a member lesson. The full lesson is in the IFRS 18 library, open to everyone who enrols.
Free · one email a week
IFRS and SAM, one requirement at a time
Each week you get the Institute's new articles: one requirement of IFRS 17, IFRS 9, IFRS 15, IFRS 18 or SAM, worked on a South African case. You start with the free IFRS 18 readiness checklist, ten areas to work through before IFRS 18 takes effect, each with its paragraph reference.