Disclosure of joint ventures and associates in financial statement under IFRS

Artikel

This article deals with disclosure of associates and joint venture in financial statement. In May 2011 the IASB issued new standard IFRS 12 Disclosure of interest in other entities. This standard, compared with IAS 28 and IAS 31, requires to disclose more detail information about joint ventures and associates. The reason is elimination of proportionate consolidation for joint ventures and also users of financial statements requested improvements to the disclosure of a reporting entity's interests in other entities. The introductory section discusses the equity method and proportionate consolidation, which is followed by a chapter dealing with the disclosure of information relating to joint ventures and associates in the financial statements. The last part is devoted to an analysis of disclosed information relating to joint ventures associates in the financial statements of companies that are listed on the Prague Stock Exchange.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: European Financial and Accounting Journal ; ISSN: 1805-4846 ; Volume: 11 ; Year: 2016 ; Issue: 3 ; Pages: 85-94 ; Prague: University of Economics, Faculty of Finance and Accounting

Classification and Topics

• Classification: Management ; Accounting
• Subject: Associates ; Financial Statement ; IFRS 12 ; Joint Ventures

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ašenbrenerová, Petra
• Event: Veröffentlichung
• (who): University of Economics, Faculty of Finance and Accounting
• (where): Prague
• (when): 2016

Further information

• DOI: doi:10.18267/j.efaj.164
• Handle: http://hdl.handle.net/10419/187746
• Last update: 10.03.2025, 11:41 AM CET