IFRS 11Chapter 6Lesson 1
Separate statements, links with other standards and the post-implementation review
Step 1 of 5Learning objectives
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A joint operator's separate statements follow the consolidated accounting; the cross-references to IFRS 10, IAS 28 and IFRS 12 and the 2022 review complete the course, without creating a new rule.
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Learning objectives
- Determine the accounting for an interest in a joint operation in the joint operator's separate statements.
- Determine the possible methods in separate statements for an interest in a joint venture, as permitted by IAS 27.
- Explain why the tension with IFRS 10 is not a rule, place IFRS 12 and the scope of the 2022 review.