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Acquisition of an Interest in a Joint Operation


 Narrow-scope amendments

IFRS 11 Joint Arrangements: Acquisition of an Interest in a Joint Operation

The objective is to add new guidance to IFRS 11 Joint Arrangements on the accounting for the acquisition of an interest in a joint operation that constitutes a business. The IASB proposes that acquirers of such interests shall apply the relevant principles on business combination accounting in IFRS 3 Business Combinations and other Standards, and disclose the relevant information specified in these IFRSs for business combinations.

Project stages

Issued documents

Stage completed: December 2012