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IFRB 2024/10 IASB issues Exposure Draft Equity Method of Accounting

15/ 11/ 2024
  The International Accounting Standards Board (IASB) published Exposure Draft Equity Method of Accounting IAS 28 Investments in Associates and Joint Ventures (revised 202x) in September 2024. The Exposure Draft proposes a revision to IAS 28, which might significantly affect entities that apply the equity method. Entities with loss-making associates or joint ventures and entities with transactions with associates or joint ventures might be particularly affected due to the clarifications and measurement changes proposed by the Exposure Draft. BDO is IFR Bulletin 2024/10 provides a snapshot of the proposals along with a brief background of the proposals and illustrative examples Contact us for professional IFRS services: transition to IFRS accounting, transformation of IFRS reporting, IFRS consulting, automation of IFRS accounting and reporting, development of IFRS accounting policies, and IFRS training. Entrust your accounting and reporting to a team of experts BDO in Ukraine! Our team will provide comprehensive support at all stages of your financial reporting and its transformation! Source BDO Global DOWNLOAD

The International Accounting Standards Board (IASB) published Exposure Draft Equity Method of Accounting IAS 28 Investments in Associates and Joint Ventures (revised 202x) in September 2024.

The Exposure Draft proposes a revision to IAS 28, which might significantly affect entities that apply the equity method. Entities with loss-making associates or joint ventures and entities with transactions with associates or joint ventures might be particularly affected due to the clarifications and measurement changes proposed by the Exposure Draft.

BDO is IFR Bulletin 2024/10 provides a snapshot of the proposals along with a brief background of the proposals and illustrative examples

Contact us for professional IFRS services: transition to IFRS accounting, transformation of IFRS reporting, IFRS consulting, automation of IFRS accounting and reporting, development of IFRS accounting policies, and IFRS training. Entrust your accounting and reporting to a team of experts BDO in Ukraine! Our team will provide comprehensive support at all stages of your financial reporting and its transformation!

Source BDO Global

DOWNLOAD

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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