IFRS 11 Module 5: Accounting for Joint Ventures

In this video, we explore Accounting for Joint Ventures under IFRS 11 Joint Arrangements. This important IFRS topic explains how entities account for interests in joint ventures and how joint ventures differ from joint operations. The session covers the characteristics of a joint venture, the rights and obligations of the parties involved, and the accounting treatment required under IFRS 11. It also explains the relationship between IFRS 11 and IAS 28, under which investments in joint ventures are accounted for using the equity method. Practical examples and exam-focused scenarios are included to help learners confidently apply the requirements in both professional practice and ACCA DipIFR examinations. Topics Covered: • Overview of IFRS 11 Joint Arrangements • Joint ventures vs joint operations • Characteristics of a joint venture • Rights and obligations of the parties • Equity method accounting under IAS 28 • Recognition of share of profit or loss • Practical examples and exam-style questions 🎓 Want to master IFRS and prepare for the ACCA DipIFR exam? Join the full course here: https://the-financeer.com/courses/acc... Ideal for: • ACCA DipIFR candidates • Accounting and finance professionals • Auditors and financial reporting specialists • Anyone seeking a practical understanding of IFRS 11 and joint venture accounting #IFRS11 #IFRS #DipIFR #JointArrangements #JointVentures #EquityMethod #IAS28 #FinancialReporting #ACCA #Accounting #Finance #IFRSLearning