- This topic has 1 reply, 2 voices, and was last updated 6 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Joint arrangements
Under IFRS27 Separate financial statements, an entity is allowed to record investment in joint venture, associate, subsidiary at any of
Cost, Financial asset, or equity method.
But can a joint venture which is a joint operation be recorded at equity method?
Because the joint operator’s share of assets and liabilities are already recognised in their separate financial statements, how the equity method would work then?
No – you cannot use equity method for JAs
