About this E-Learning Course
This course provides an overview of how a reporting entity should assess whether it jointly controls an investee, and therefore whether it accounts for the investee as a joint arrangement in accordance with the requirements in IFRS 11 Joint Arrangements. It also covers how an investor should classify the joint arrangement (as either a joint operation or a joint venture) so it can correctly account for the investee in its group or separate financial statements.
The topics included in this course are as follows:
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Interaction between standards and scope of IFRS 11
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What is a joint arrangement?
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What is a contractual arrangement?
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What is joint control?
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Does an investor have joint control over an arrangement?
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Joint de-facto control
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Substantive vs protective rights
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How is a joint arrangement classified?
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How does a party to a joint arrangement account for its interest?
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This course does not provide information on the mechanics of how to measure a joint arrangement in the financial statements of the investor.
Course curriculum
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1
Joint Arrangements
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Welcome!
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Joint Arrangements
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How this course can help your business
Meet your course instructor
IFRS Instructor
Aletta Boshoff