IAS 28 Investments in Associates and Joint Ventures
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IAS 28 Investments in associates and joint ventures
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IAS 28 describe how to apply the equity method when accounting for investments in associates and joint ventures
If an entity’s share of losses of an associate or a joint venture equals or exceeds its interest in the associate or joint venture, the entity discontinues recognising its share of further losses. ….
Generally, applying the equity method to investments in subsidiaries, joint ventures, and associates in an entity's separate financial statements is expected to result in the same net assets and profit or loss attributable to owners as in the entity's consolidated financial statements. However, there may be situations in which applying the equity method in the separate financial statements would result in a different result compared to the consolidated financial statements. Some of these situations include: