Link with IFRS 11

Learning objectives

• Distinguish the accounting for a joint venture (equity method) from that of a party without joint control (IFRS 9, or IAS 28 if it has significant influence).L3

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

2 questions

• Alba SA participates in a joint venture without exercising joint control. It holds 25% of the entity's voting rights and nothing in the case rebuts the presumption of significant influence (facts of the case). How does Alba account for its interest?L3
• Explain how a party to a joint venture accounts for its interest depending on whether or not it has joint control, stating the role of significant influence.L3