- This topic has 1 reply, 2 voices, and was last updated 1 year ago by
P2-D2.
P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Edward-17-Bugeja
- Topics: 1
- Replies: 0
- ☆
Hello, I am sitting for the Dipifr exam and have an query please. If you are C and you are doing consolidated financials including subsidiaries A & B and A have an investment in a joint arrangement. If the joint arrangement is a joint venture I understand that on the consolidated financials this will be accounted for under the equity method, right? But if the joint arrangement is a joint operation how will this be accounted for in the consolidated financials pls?
Thanks
Edward
P2-D2
- Topics: 4
- Replies: 6115
- ☆☆☆☆☆
Hi,
Good luck with the exam. If memory serves me right then you will just recognise your share of the revenue and costs of the operation. Check out the SBR notes/videos and you will find more detail there.
Thanks,
Chris
Edward-17-Bugeja
P2-D2Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.