Transcription of Clearly IFRS - IFRS 11 – Joint Arrangements
{{id}} {{{paragraph}}}
Example: barber
Clearly IFRS - IFRS 11 – Joint Arrangements
Clearly IFRSM oving ahead in an IFRS worldA practical guide to implementingIFRS 11 Joint ArrangementsContentsAt a glance .. 2 Scope and key terms .. 3 Classification: Know your rights and your obligations .. 4 Transition .. 8 Disclosures relating to Joint Arrangements .. 10 The last word .. 12 Implementation: 3 steps to GET on track with IFRS 11 .. 14 Contacts .. 161A practical guide to implementing IFRS 11 Joint ArrangementsKaren Higgins, FCPA, FCA National Director of Accounting ServicesProviding you with clarity and perspectiveWith the IFRS adoption process fairly recently completed, Canadian entities may be surprised by the number of significant new IFRSs that are effective in 2013.
Under IFRS 11, joint arrangements are required to be classified as either a joint operation or a joint venture. The attributes of each type of joint arrangement are summarized below. Joint operation • Each party to the joint operation (or each “joint operator”) recognizes its share of the assets, liabilities, revenues and expenses of the ...
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: