Global Standards for the world economy

Monday 16 January 2017

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Joint Ventures

Exposure draft and comment letters [Sep 2007]


 Exposure draft and Comment letters


In September 2007 the International Accounting Standards Board (IASB) published for public comment a proposal to improve the accounting for joint arrangements. The comment period ended on 11 January 2008. In response to the proposals in the exposure draft, the Board received approximately 110 comment letters.

The proposals in ED 9 Joint Arrangements would replace IAS 31 Interests in Joint Ventures and represent the first major revision to the standard since it was first issued in 1990.

The review also forms part of the IASB’s short-term project with the US Financial Accounting Standards Board (FASB) to reduce differences between International Financial Reporting Standards (IFRSs) and US generally accepted accounting principles (US GAAP). The proposals are designed to provide users with more information about the operations an entity conducts through joint arrangements—including a description of the nature of joint arrangements and summarised financial information relating to its interests in joint ventures.

Comment letter deadline:  The comment period for the exposure draft ended on 11 January 2008.

Access the due process documents


Due process documents Accompanying material
Exposure Draft 9: Joint Arrangements [English] [PDF, 419 KB] Draft Illustrative Examples [English] [PDF, 297 KB]
Basis for Conclusions [English] [PDF, 300 KB]
Exposé-sondage: ES 9, Partenariats  [French] [PDF, 195 KB] Exemples [en projet] ES 9, Partenariats [French] [PDF, 232 KB]
Base des conclusions [French] [PDF, 114 KB]