IAS 28 Accounting for Investments in Associates replaced those parts of IAS 3 Consolidated Financial Statements (issued in June 1976) that dealt with accounting for investment in associates. In December 2003 the Board issued a revised IAS 28 …

IAS 28 prescribes how to apply the equity method when accounting for investments in associates and joint ventures. An associate is an entity over which the investor has significant influence.

IAS 28 outlines the accounting for investments in associates and joint ventures, focusing on equity method application and disclosure requirements.

IAS 28 Investments in Associates and Joint Ventures 2017 - 07 1 Objective This Standard is to prescribe the accounting for investments in associates and to set out the requirements for the

International Accounting Standard 28 Investments in Associates and Joint Ventures (IAS 28) is set out in paragraphs 1⁠–⁠47. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB.

IAS 28 states that the entity’s financial statements shall the entity’s debt or equity instruments are not traded in a public market (a domestic or foreign stock exchange or an over-the-counter market,

2013年1月1日 · It specifies the application of equity method for accounting of investments in associates as well as investments in joint ventures. It provides guidance on how to identify significant influence. Intro to consolidation and group accounts – …

IAS 28 Investments in Associates This Standard shall be applied in accounting for investments in associates. However, it does not apply to investments in associates held by: (a) venture capital organisations, or (b) mutual funds, unit trusts and similar entities including investment-linked insurance funds

2024年6月13日 · The core principle of IAS 28 is the use of the equity method of accounting, where an investor recognizes its share of the profits and losses from its associate in its own financial statements. Comparing IAS 28 with other investment accounting standards reveals both similarities and differences.

2025年1月20日 · The IASB is proposing amendments to IAS 28 Investments in Associates and Joint Ventures. On 19 September 2024, the International Accounting Standards Board (the IASB or Board) issued an Exposure Draft: Equity Method of Accounting – IAS 28 Investments in Associates and Joint Ventures (the ED).

IAS 28 prescribes the accounting for investments in associates and sets out the requirements for the application of the equity method when accounting for investments in associates and joint ventures. An associate is an entity over which the investor has significant influence.

2018年5月31日 · IAS 28 identifies situations that may trigger the impairment test and refers to IAS 36 2 for recognition and measurement. Impairment testing for associates and joint ventures also requires significant judgments and estimates to be made.

The International Accounting Standards Board (IASB) issued Long‑term Interests in Associates and Joint Ventures (Amendments to IAS 28) in October 2017. To support consistent application of the amendments, the IASB published an example that illustrates how companies apply IAS 28 and IFRS 9 to long-term interests in associates or joint ventures.

IAS 28 International Accounting Standard 28 Investments in Associates and Joint Ventures Objective 1 The objective of this Standard is to prescribe the accounting for investments in associates and to set out the requirements for the application of the equity method when accounting for investments in associates and joint ventures. Scope

Volume A - A guide to IFRS reporting Volume B - Financial Instruments - IFRS 9 and related Standards Volume C - Financial Instruments - IAS 39 and related Standards Volume D - IFRS 17 Insurance Contracts Illustrative financial statements for IFRS reporters Illustrative disclosures for insurers applying IFRS 17 Illustrative financial statements ...

When discussing that project, the Board decided to incorporate the accounting for joint ventures into IAS 28 because the equity method is applicable to both joint ventures and associates. As a result, the title of IAS 28 was changed to Investments in Associates and Joint Ventures.

IAS 28 defines the equity method and states that the investor should include in its financial position its share of the investee’s post-acquisition net asset changes. 24.

2009年9月16日 · 1 This Standard shall be applied in accounting for investments in associates. However, it does not apply to investments in associates held by: (a) venture capital organisations, or. (b) mutual funds, unit trusts and similar entities including investment-linked insurance funds.

IAS 28 (as amended in 2011) is to be applied by all entities that are investors with joint control of, or significant influence over, an investee. The Standard defines significant influence as the power to participate in the financial and operating policy decisions of the investee but is not control or joint control of those policies.

This example portrays a hypothetical situation illustrating how an entity (investor) accounts for long-term interests that, in substance, form part of the entity’s net investment in an associate (long-term interests) applying IFRS 9 and IAS 28 based on the assumptions presented.