تعديل معيار دولى 31 الى معيار التقرير الدولى 11 ifrs
التعديل يحول ثلاثه انواع للمشروعات المشتركه معيار 31 للمشروعات المشتركة الى نوعين مشاركة عمليات ومشاركة مشروعات فالاولى join operation سيعترف الطرف المشارك فيها بنصيبه من الاصول والالتزامات والايرادات والمصروفات اما الثانيه(مشاركة مشروعات join venture فيعرف الطرف وفقا للاتفاق بانه الطرف الذى يمتلك حقوق لصافى اصول المشروع ويستخدم طريقة حقوق الملكيه وليس التجميع النسبى
FRS 11 Joint Arrangements, IAS 28 Investments in
Associates and Joint Ventures
ifrs 11 replaces IAS 31 Interests in Joint Ventures and
SIC-13 Jointly-controlled Entities — Non-monetary Contributions by
Venturers. Joint control under ifrs 11 is defined as the
contractually agreed sharing of control of an arrangement, which
exists only when the decisions about the relevant activities require
the unanimous consent of the parties sharing control. ‘Control’ in
‘joint control’ refers to the definition of ‘control’ in ifrs 10.
ifrs 11 also changes the accounting for joint arrangements by
moving from three categories under IAS 31 to the following two
categories:
Joint operation — An arrangement in which the parties with joint
control have rights to the assets and obligations for the liabilities
relating to that arrangement. In respect of its interest in a joint
operation, a joint operator must recognise all of its assets,
liabilities, revenues and expenses, including its relative share of
jointly controlled assets, liabilities, revenue and expenses.
Joint venture — An arrangement in which the parties with joint
control have rights to the net assets of the arrangement. Joint
ventures are accounted for using the equity method. The option in
IAS 31 to account for joint ventures as defined in ifrs 11 using
proportionate consolidation has been removed.
Under these new categories, the legal form of the joint
arrangement is not the only factor considered when classifying the
joint arrangement as either a joint operation or a joint venture,
which is a change from IAS 31. Under ifrs 11, parties are required
to consider whether a separate vehicle exists and, if so, the legal
form of the separate vehicle, the contractual terms and conditions,
and other facts and circumstances.
IAS 28 has been amended to include the application of the equity
method to investments in joint ventures