IASB Exposure Draft - Equity Method of Accounting IAS 28 Investment in Associates and Joint Ventures
IASB Exposure Draft - Equity Method of Accounting IAS 28 Investment in Associates and Joint Ventures
In September 2024, the International Accounting Standards Board (IASB) released a significant Exposure Draft proposing updates to IAS 28 - Investments in Associates and Joint Ventures (revised 202x). These revisions bring essential clarifications and measurement adjustments that could impact entities applying the equity method, especially those with loss-making associates, joint ventures, or transactions involving associates.
What’s Inside the IAS 28 Exposure Draft?
The proposals introduce:
- Enhanced clarity on recognizing and measuring associates and joint ventures.
- Revised guidance for loss-making entities and intra-group transactions.
- New illustrative examples for easier application.
Get the Expert Insight from BDO’s IFR Bulletin 2024/10
Our IFR Bulletin offers a concise overview, covering the core proposals, background context, and real-world examples to help you understand and implement these updates seamlessly.
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