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.

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