IFRS in Focus — IASB publishes amendments to IFRS 10 and IAS 28 (2011) dealing with the sale or contribution of assets between an investor and its joint venture or associate

Published on: Sep 11, 2014

This newsletter outlines the recent amendments to IAS 28 Investments in Associates and Joint Ventures and IFRS 10 Consolidated Financial Statements clarifying that in a transaction involving an associate or joint venture the extent of gain or loss recognition depends on whether the assets sold or contributed constitute a business.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.