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Acquisition of an Interest in a Joint Operation

Meeting summaries and observer notes

 IASB November 2012


Due process documents

In this meeting the IASB staff discussed the due process steps that the IASB has taken to date in preparation for the publication of two forthcoming Exposure Drafts:

  1. Accounting for the sale or contribution of assets between an investor and its associate or joint venture (Proposed amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures) ; and
  2. Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11 Joint Arrangements).
        The IASB staff noted that the applicable due process steps have been completed.

        All IASB members agreed that the IASB has complied with the due process requirements to date.

Date: 11/20/2012