TAILIEUCHUNG - Lecture IFRS primer international GAAP basics: Chapter 30 - Wiecek, Young

Chapter 30 - Investments in associates: IAS 28. The main contents of the chapter consist of mains parts: Related standards, IAS 28, current GAAP comparisons, looking ahead, end-of-chapter practice. | Investments in Associates: IAS 28 Wiecek and Young IFRS Primer Chapter 30 Investments in Associates Related standards IAS 28 Current GAAP comparisons Looking ahead End-of-chapter practice Related Standards APB 18 The Equity Method of Accounting for Investments in Common Stock FAS 159 The Fair Value Option for Financial Assets and Financial Liabilities Related Standards IAS 27 Consolidated and Separate Financial Statements IAS 36 Impairment of Assets IAS 39 Financial Instruments: Recognition and Measurement IAS 28 – Overview Objective and scope Application of the equity method Disclosure IAS 28 – Objective and Scope Accounting requirements for investments in associates unless entity is preparing separate financial statements under IAS 27 Associates an entity over which an investor has significant influence, but which is not a subsidiary or an interest in a joint venture may be an unincorporated organization such as a partnership Exclusions from complying with IFRS: investments in associates held by venture capital organizations, mutual funds, unit trusts, similar organizations These investments are accounted for at FVTPL under IAS 39 IAS 28 – Objective and Scope Significant Influence power to take part in the financial and operating policy decisions of the investee but not to the extent of having control or joint control usually when holding, directly or indirectly, 20% to 50% of the voting power of another entity equity method of accounting required for investments in associates Control a higher level of power exists when an investor can govern the financial and operating policies of an investee and through this obtain benefits from its activities IAS 28 – Objective and Scope Significant influence over strategic decisions of another entity without control: (a) through representation on its board or governing body (b) participation in policy-making including decisions about distributions (c) entering into significant inter-company .

• Kế toán - Kiểm toán
• International Financial Reporting Standards
• Non financial assets
• Reporting basics
• Financial assets
• Reporting entity
• Investments in associates
• Financial accounting
• Financial reporting
• Financial reporting standards
• Merchandising operations
• Internal control
• Financial statements
• Stockholders’ equity
• Financial statement analysis
• International financial reporting
• Conceptual framework
• Financial position
• Globalization trend
• International Accounting Standards Board
• Employee benefits
• Revenue recognition
• Including construction contracts
• government grants
• Foreign currency
• Accounting standards worldwide
• Wiley IFRS 2013
• International Financial Reporting Standard
• Tiêu chuẩn báo cáo tài chính quốc tế
• Accounting policies
• Financial liabilities
• Interim financial reports
• Interim financial reporting
• Summary of dissertation
• International financial reporting standards adoption
• Vietnamese enterprises
• IFRS standards in Vietnamese enterprises
• Application of IFRS standards
• Accounting standards
• Financial statement
• Stock exchange
• Joint stock companies
• Vietnam’s accounting standards
• Financial reporting under IFRS
• International trends
• Financial instruments
• Share based payments
• Standards applicable
• IFRS financial statement
• Separate financial statements