About this document
Understanding Joint Arrangements (IFRS 11) by Celen Ochoco is a document available to read on EtoBox.
The document discusses accounting for joint arrangements under IFRS 11 and IFRS for SMEs. It defines a joint arrangement as an agreement where two or more parties have joint control, and can be a joint operation or joint venture. For joint operations, parties recognize their assets, liabilities, revenue and expenses relating to the arrangement. For joint ventures, parties recognize an investment which is accounted for using the equity method. The appendix discusses additional guidance for SMEs, including op
- Author
- Celen Ochoco
- Language
- EN