Joint control and Joint venture: Difference between pages

Revision as of 10:33, 9 February 2015

1.

(JV).

A contractual arrangement where two or more parties undertake an economic activity which is subject to joint control.

2.

Financial reporting.

A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.

@@ Line 1: / Line 1: @@
-''Financial reporting.''
+.
-The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.
+(JV).
-==preview of related pages==
-===Joint operation===
-{{:Joint operation}}
+A contractual arrangement where two or more parties undertake an economic activity which is subject to joint control.
+.
+''Financial reporting''.
+A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.
+==Preview of related pages==
+{{Joint_control}}
 == See also ==
+* [[Associate]]
 * [[IFRS 11]]
-* [[Joint arrangement]]
+* [[Joint control]]
 * [[Joint operation]]
-* [[Joint venture]]
+* [[Proportionate consolidation]]
+[[Category:Corporate_finance]]