Learning outcomes

What will you learn?

The principles and application of the equity method for associates and joint ventures under IAS 28.

How to identify significant influence and account for investments accordingly.

Impairment testing of investments, including recognition, measurement, and reversal rules in line with IAS 36.

Key amendments to IAS 28, transition provisions, and their practical implications.

Real-world examples of complex scenarios such as sales or contributions of assets, consolidation exceptions, and long-term interests.

Participants

Who is this course designed for?

Accountants and finance professionals preparing financial statements under IFRS.

Auditors seeking a deeper understanding of investments in associates and joint ventures.

CFOs, financial controllers, and reporting specialists in multinational or IFRS-reporting entities.

Consultants and advisors assisting clients with IFRS implementation and compliance.

Pre-requisites

Necessary Qualifications

Background in accounting, finance, or business administration.

Basic knowledge of IFRS and financial statement preparation.

Experience in financial reporting or audit is recommended.

Familiarity with national or international accounting standards is beneficial but not mandatory.

Course Content

What will you study?

Objective and scope of IAS 28.

Significant influence and the equity method.

Recognition and measurement of investments.

Impairment assessment and testing procedures.

Accounting for changes in ownership interest.

Sale or contribution of assets between an investor and an associate/joint venture.

Amendments, transition requirements, and disclosure obligations.