IAS 28 Investment in Associates - A Closer Look

Muthupandian K S

MPRA Paper from University Library of Munich, Germany

Abstract: The International Accounting Standards Committee issued the the International Accounting Standard 28 Investment in Associates. The objective of IAS 28 is to prescribe the accounting treatment investors shall apply to their investments in associates and the required disclosures. Associate is an entity, including an unincorporated entity such as a partnership, over which the investor has significant influence and that is neither a subsidiary nor an interest in a joint venture. IAS 28 applies in accounting for all investments in which an investor has significant influence. This article presents a closer look of the standard (objective, scope, definitions, prescribed accounting treatment, presentation and disclosures).

Keywords: International Accounting Standard; Associates; Significant Influence; IAS 28; IASC; IASB (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2010-09-20
References: Add references at CitEc
Citations:

Published in The Management Accountant 12.45(2010): pp. 995-1000

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/40526/1/MPRA_paper_40526.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40526

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().