IAS 28 Investments in Associates and Joint Ventures

IAS 28 Investments in Associates and Joint Ventures - applies in 2024

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9 жыл бұрын

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This is just the short executive summary of IAS 28 and does NOT replace the full standard - you can see the full text on IFRS Foundation's website.
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Пікірлер: 47

@anviahuja5983 5 жыл бұрын

Thank you ma'am, you are better than my college professors!

@sohanurrahman3939 4 жыл бұрын

I think too. She is better than my Professor.

@munnebahmad1944 Жыл бұрын

hhhha same

@bokangmotopi9076 6 жыл бұрын

Thank you so so much for this. Test week is about to start and I really needed to have a simplified way of understanding that. Thank You!!

@chinthakasilva2240 9 жыл бұрын

Thank you very much my Silvia , your summary make me very comfortable to catch to standard ..

@cathrinemahwire2949 8 жыл бұрын

Thank you so much , your explanations are just so clear

@thansalabdulbasheer5772 8 жыл бұрын

you are amazing silvia. great stuff here.

@javedakhtar36 7 жыл бұрын

Excellent and no words to praise

@chrishaynes561 2 жыл бұрын

I can't believe it can be this good

@davidshambare336 8 жыл бұрын

Thanx a lot this is well summarized and insightful

@husnainkazmi1513 Ай бұрын

You are just Amazing. What a way teaching. Superb

@joshmodika1502 6 жыл бұрын

Thank you!

@nitinbhalla3391 4 жыл бұрын

7:00 - Equity Method

@akshay_bhargava 5 жыл бұрын

Really nice...n easily explained 👌👍

@SourabhChouksey1991 6 жыл бұрын

Hi Silvia, Significant influence defined as acquisition of 20% or more of Voting rights. Not only above 20%.

@jihane0jihane 3 жыл бұрын

Excellent channel

@simkondasimz547 8 жыл бұрын

very very helpful

@siddusidd5571 3 жыл бұрын

Dear Silvia, do we need to prepare Consolidated Financial statements for Associates and Joint ventures too? or we will apply this equity method in Separate FS? Please Please help me in understanding

@bluegratia8942 5 жыл бұрын

So helpfull thankkk youuu

@sisaytayu2087 8 ай бұрын

Thank you

@saquibkhan9031 5 жыл бұрын

When cancelling mutual transaction, why do we can cancel to the extent that relates to %age of company’s share in associate and not in full. Even if the profit is fully recognised in the COMPANY’s account.

@Rodrigo-nv4kg 7 жыл бұрын

excellent !

@ashanrashmindra5859 3 жыл бұрын

1) do we need to use equity method for a company where no subsidiaries exist? (in separate financial statements/in group) 2) can we use equity, cost or fv accounting for investment (when significant influence exists) in separate financial statements?

@vamshi8597 2 жыл бұрын

Thanks!

@SandeepYadav-bm4kx 5 жыл бұрын

Thanks

@mariazarzartun5408 2 жыл бұрын

Thank u. My country is under tight of Government Rules .I try to donate when my country will get democracy. Because my country tuitions fees are very Expensive.

@AgathaBeryvilcke 8 жыл бұрын

thank you! just one question: I think, Initial recognition could be made at cost OR under IFRS 9, i.e. fair value through pl or oci. why in the video stated, that initial recognition is making only at cost? because IFRS 9 is not mandatory to application now? thank you

@CPDbox 7 жыл бұрын

Dear Agata, IAS 28 par. 10 clearly says the initial recognition as at cost. What you wrote applies in the separate financial statements (not consolidated). S.

@quantumphotoelectric8957 Жыл бұрын

Hello! IAS 28 requires equity method when there is significant influence. However, under IAS 27, investments in subsidiaries, joint venture, and associates can be presented wither at cost, in accordance with IFRS 9, or using equity method. Can you clarify this? Thank you.

@CPDbox Жыл бұрын

I agree it is not really clear. IAS 27 applies for separate financial statements of a single entity (if that entity elects to prepare them), that is a parent. Here you have a choice. IAS 28 applies to group financial statements where you always apply equity method (unless you are exempt). So let's say you are not exempt under IAS 28, then you basically need to apply equity method; and any method in line with IAS 27 IF you elect to prepare separate financial statements.

@rezasoleimani6328 Жыл бұрын

Hi Mrs. Silvia .all sub of the video in this page are active, but the sub of this video is not active , please check it .thank you

@akashdeepsingghh 6 жыл бұрын

Thank you Silvia, your lectures are really helpful, In '2.2 Disributions received from investee' @8:43 why do we credit Investment in associate account?

@trixyeagles3190 5 жыл бұрын

Idk if this helps but in Equity method, dividends received is regarded as a return of investment...

@majebehasa3121 5 жыл бұрын

💞

@anuraagmehta6583 6 жыл бұрын

Great and amazing video

@angelynewa2143 3 жыл бұрын

May I ask accounting question regarding investment? when should I recognise investment in associates and subsidiaries? At the time of acquisition? Or issuance of share certificates? Or otherwise?

@CPDbox 3 жыл бұрын

At the date when you acquire control of a subsidiary or significant influence over an associate - whatever event might trigger it.

@dew3286 2 жыл бұрын

Good day! Thank you for the insightful presentation of IAS 28. I just want to ask, if the entity has an unrealized or realized profit from a joint venture downstream sale transaction, should it be recognized only to the extent of the investor's share?

@tabishraza139 2 жыл бұрын

Yup

@prashanthpasyy7686 Ай бұрын

Watching on 2024😅😅😅

@drawingimanitasong4243 7 жыл бұрын

What is investor newds needs to close his accounting before the investee ?

@CPDbox 7 жыл бұрын

I don't quite get the question... maybe you asked "What if investor needs to close his accounts before the investee?" In this case, the investor must make sure to get reports from the investee :) Or, the investor can use the investee's reports at the different date if the difference is no more than 3 months+no major differences arise.