IAS 28 — Investments in Associates and Joint Ventures
Modules of the standard
- Concepts34 publishedNormative and pedagogical mapping.
- Questions73 publishedTrue/false, quizzes, calculations, entries, mini-cases, judgment.
- Practical cases5 publishedProgressive cases, from beginner to expert.
- Workpapers4 publishedWorking papers with calculations and entries.
- Professional file1 publishedSimulation of a full engagement.
- Exams2 publishedSealed, versioned final exams.
- Explanations (lessons)10 publishedLesson explanations, chapter by chapter.
Practical cases
- Significant influence: rebuttable 20 % presumption, indicators, definitions and basic equity method (cost, share, dividends)L1Beginner
- Equity method with goodwill, fair value adjustment, uniform policies, potential voting rights and capped lossesL2Intermediate
- Upstream and downstream eliminations, losses evidencing impairment, contribution of assets and interaction with IFRS 11 joint venturesL3Advanced
- Losses beyond the interest, long-term interests, possible liability, impairment indicators and test of the net investment as a single assetL3Advanced
- Loss of control with a retained associate (IFRS 10 + IAS 28 interaction): cost at fair value, equity method, partial disposal, loss of influence, associate becoming a subsidiary and proposalsL4Expert
- Group file: significant influence, equity method, eliminations, losses and impairment, cessation of influence (IAS 28)L4Expert
Workpapers
- Assessing significant influence: rebuttable 20 % presumption, indicators, potential voting rights, exemptions, held for sale and distinction from joint control
- Equity method: cost, goodwill or bargain income, fair value adjustment, uniform policies, share of profit and of other comprehensive income, dividends and closing carrying amount
- Eliminations with the associate: upstream and downstream transactions, losses evidencing impairment, contributions of non-monetary assets and deferred 2014 amendments
- Losses, impairment and discontinuing the equity method: cap on losses, long-term interests, test of the net investment, loss of influence, partial disposal and associate becoming a subsidiary
Concepts by topic
Mapping texts (concept labels, objectives, paragraph summaries) are available in French only for now.
Scope and exemptions
- Associate, joint venture and the equity methodImportant2 questions
- Exemptions from the equity methodImportant2 questions
- Investment held for saleAdvanced1 question
Significant influence
- Definition of significant influenceCore3 questions
- The rebuttable 20% presumptionCore3 questions
- Indicators of significant influenceCore3 questions
- Potential voting rightsImportant2 questions
The equity method
- The initial cost of the investmentCore3 questions
- Share of profit and of other comprehensive incomeCore3 questions
- Dividends receivedCore3 questions
- Goodwill and bargain purchaseCore3 questions
- Fair value adjustments of the associateCore3 questions
- Uniform accounting policiesImportant2 questions
- Reporting datesImportant2 questions
Transactions with the associate
- Upstream and downstream transactionsCore3 questions
- Losses that show an impairmentCore3 questions
- Contribution of non-monetary assetsImportant2 questions
- The deferred 2014 amendmentsAdvanced1 question
Losses beyond the interest
- The cap on recognised lossesCore3 questions
- Long-term interestsImportant2 questions
- A liability beyond the interestCore3 questions
Impairment of the investment
- Objective evidence of impairmentCore3 questions
- The test of the whole investment as a single assetCore3 questions
- The 2026 proposal on impairment indicatorsSpecialisedNo question
Ending the equity method
- Loss of significant influenceCore3 questions
- From associate to joint ventureImportant2 questions
- Partial disposal and other comprehensive incomeImportant2 questions
- The associate becomes a subsidiaryAdvanced1 question
Boundaries with other standards
- Link with IFRS 11Important2 questions
- Link with IFRS 10Advanced1 question
- Link with IFRS 9Advanced1 question
- Link with IAS 36Specialised1 question
- Link with IFRS 12Specialised1 question
- The 2024 exposure draftSpecialised1 question