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IFRS - Joint Ventures IFRS 11 and IAS 28   

1

Total CPE
Tuition
$125.00
Approximate Length
01:30:00
Course Number
22-WB-606
1

Total CPE
Tuition
$125.00
Approximate Length
01:30:00
Course Number
22-WB-606

Course Details

This course explains the different types of joint arrangements and how to account for each type of joint arrangement. The course also explains the concept of significant influence and how it is determined. Additionally, this course explains the equity method of accounting for joint ventures and investments in associates, including the treatment of transactions between the investor and the investee.

By the end of this course, participants should be able to:

  • recognize requirements in IFRS 11 including its scope, the definitions of joint control, joint arrangement, joint operation, joint venture and accounting
  • classify joint arrangements as a joint operation or a joint venture
  • identify requirements in IAS 28 for determining significant influence, related accounting and disclosure and accounting for changes in ownership interest or voting rights
  • apply equity method accounting to selected scenarios.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IFRS 11, IAS 28, Joint Ventures, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
This course explains the different types of joint arrangements and how to account for each type of joint arrangement. The course also explains the concept of significant influence and how it is determined. Additionally, this course explains the equity method of accounting for joint ventures and investments in associates, including the treatment of transactions between the investor and the investee.

By the end of this course, participants should be able to:

  • recognize requirements in IFRS 11 including its scope, the definitions of joint control, joint arrangement, joint operation, joint venture and accounting
  • classify joint arrangements as a joint operation or a joint venture
  • identify requirements in IAS 28 for determining significant influence, related accounting and disclosure and accounting for changes in ownership interest or voting rights
  • apply equity method accounting to selected scenarios.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IFRS 11, IAS 28, Joint Ventures, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
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