ED IFRS 11Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › ED IFRS 11This topic has 1 reply, 2 voices, and was last updated 5 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 4, 2019 at 8:00 pm #518943 hangyin928MemberTopics: 1Replies: 5☆Hi, TutorCould you please let me know ED IFRS11 SAIDjust remeasure joint operation asset and liability to FV and follow the step acquisition as done for associate.is it mean if 5% joint operator at the beginning , then acquired another 55% joint control, then they are jointing operation.the calculation is only 60% of FV of asset and liability?Thanks. June 5, 2019 at 7:42 pm #519216 P2-D2KeymasterTopics: 4Replies: 7041☆☆☆☆☆Hi,It is saying that once you have a joint venture you account for it as you would with the change to an associate.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In