IFRS in Focus — IASB issues new standard on joint arrangements
Published on:
May 17, 2011
On May 12, 2011, the International Accounting Standards Board (IASB) issued IFRS 11 Joint Arrangements, which supersedes IAS 31 Interests in Joint Ventures and SIC-13 Jointly Controlled Entities - Non-Monetary Contributions by Venturers.