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INVESTMENTS IN ASSOCIATES AND JOINT VENTURES
Introduction
• IAS 28 deals with the accounting for investments in
associates and joint ventures and specifies the use
of the equity method.
• The accounting treatment of the investments in
associates and joint ventures in the separate
financial statements of an investor is prescribed in
IAS 27.
• The method to follow in determining whether a
joint arrangement must be classified as a joint
venture is discussed in IFRS 11
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