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JOINTLY CONTROLLED OPERATIONS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › JOINTLY CONTROLLED OPERATIONS

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
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  • October 5, 2013 at 11:45 am #142099
    nrjsma
    Participant
    • Topics: 45
    • Replies: 30
    • ☆☆

    Sir, do you have any idea what this is and which IFRS covers it and how to account it. Is it like Associate or Sub?

    October 5, 2013 at 12:21 pm #142101
    nrjsma
    Participant
    • Topics: 45
    • Replies: 30
    • ☆☆

    Joint Venture is sth to be accounted as equity method.

    Joint Operations is sth to be prepared a separate Financial Statements in a note, and presenting the parent share of the items in its financial statements, right.

    Those covering this topic is IFRS 11, right.

    October 5, 2013 at 8:18 pm #142119
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    IFRS 11 is correct

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