Why you should follow this course
IFRS 11 Joint Arrangements supersedes IAS 31 Interests in Joint Ventures.
The implementation of IFRS 11 could have a significant impact on the financial statements of
entities having an interest in joint arrangements. Additionally, the application of IFRS 11 may
require significant judgment to determine the appropriate classification of joint
arrangements and the resulting accounting applied.
Understand the differences between IAS 31 and IFRS 11.
Apply the criteria for classifying a joint arrangement as either a joint venture or a joint operation.
Explain the Accounting requirements for joint arrangements