Business combinations under common control in International Financial Reporting Standards – is authoritative accounting guidance needed? The purpose of the article is to answer the question if a separate standard (IFRS) is needed for business combinations under common control (BCUCC), which are not governed by any IFRS as the moment. In such cases, the approach resulting from IAS 8 should apply to them, which allows the use of national regulations to account for BCUCC. The authoress shortly described the theoretical issues related to the subject and presented the results of empirical research that verified the practical aspects of the problem. The research methodology involves a literature and legal act analysis, content analysis of financial statements, as well as deductive and inductive reasoning. On the basis of the gathered data the authoress concluded that even the existence of necessary regulations in national GAAPs does not guarantee that all the requirements related to the qualitative characteristics of the reported information are met and, as such, the main objectives for which IFRS were developed may not be met. As such, the authoritative guidance proves necessary. Very little research on the subject was published, thus, this paper may provide some additional guidance as to what issues related to BCUCC should receive particular attention.

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Purpose-The assessment of the quality of disclosures about BCUCC presented in financial statements of companies using IFRS. Design/methodology/approach-Analysis of literature and legal regulations, content analysis, deductive and inductive reasoning. Findings-The research results indicate the low quality of disclosure on the subject which may negatively affect the usefulness of information provided to the users. Originality/value-The result of the research may be used to improve the current situation.

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Streszczenie: Ze względu na swój charakter oraz naturę, połączenia jednostek gospodarczych mogą wymagać różnego zakresu ujawnień w zależności od zastosowanych regulacji rachunkowości. Autorka krótko scharakteryzowała złożoność pojęcia "połączenia jednostek gospodarczych", a następnie przedstawiła podstawowe aspekty mające największy wpływ na dane zaprezentowane w sprawozdaniu fi nansowym. Rozważania teoretyczne zostały uzupełnione analizą przypadków praktycznych. Zastosowane metody badawcze obejmują analizę literatury i regulacji prawnych, studium przypadku oraz analizę treści.Słowa kluczowe: połączenia jednostek gospodarczych, metoda nabycia/przejęcia, cena przejęcia, sprawozdawczość fi nansowa. Klasyfi kacja JEL: G34, M41. DISCLOSURES OF INFORMATION ABOUT A BUSINESS COMBINATION IN THE CONTEXT OF THE ASSESSMENT OF ITS ECONOMIC CHARACTERISTICSAbstract: Taking into consideration the nature and characteristics of a particular transaction, a diff erent scope of disclosures might be required for diff erent types of a business combination, depending on the accounting regulations used. Th e author outlined the complexity of the term "business combinations" and the main aspects SOEP 2016-11 -4 kor.indd 107 SOEP 2016-11 -4 kor.indd 107