INDIAN ACCOUNTING STANDARD- 28/ INVESTMENT IN ASSOCIATES AND JOINT VENTURE-PART-4 скачать в хорошем качестве

INDIAN ACCOUNTING STANDARD- 28/ INVESTMENT IN ASSOCIATES AND JOINT VENTURE-PART-4

Ind AS 28 – Investments in Associates and Joint Ventures: Objective: Ind AS 28 prescribes the accounting for investments in associates and joint ventures. The key objective is to define how such investments should be recognized, measured, and disclosed in the financial statements of an investor. Key Concepts: Associate: An entity over which the investor has significant influence, but not control or joint control. Usually presumed when the investor holds 20% or more of the voting power. Joint Venture: A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement, rather than rights to its assets and obligations. Accounting Treatment: Investments in associates and joint ventures are accounted for using the Equity Method, unless: The investment is classified as held for sale, or The investor is exempt from preparing consolidated financial statements. Equity Method Summary: 1.Initially recognize the investment at cost. 2.Increase or decrease the carrying amount to recognize the investor's share of profit or loss and other comprehensive income of the investee. 3.Adjust for dividends received from the associate or joint venture. 4.Recognize any impairment losses, if the investment is not recoverable. Disclosures Required: 1.Nature and extent of significant influence or joint control. 2.Summarized financial information of associates and joint ventures. 3.Fair value (if available) of quoted investments. 4.Reasons if significant influence exists without 20% or more ownership. Previous Video Link is Given Below: Part-1:    • INDIAN ACCOUNTING STANDARD -28/INVESTMENT ...   Part-2:    • INDIAN ACCOUNTING STANDARD -28/PART 2/ INV...   Part-3:    • INDIAN ACCOUNTING STANDARD-28/INVESTMENT I...   About CA Rakhi Agarwal As a Dynamic and Qualified Chartered Accountant, a renowned Educator With over 3 year of Teaching Experience in the Field of , Indian Accounting Standards and , Helpful both for Students and Professional. Explore Our Courses, Lectures, Join Us On The Path To CA Success! Don't Miss Out On The Opportunity To Excel In Your CA Exams. Subscribe, Like, And Hit The Notification To Stay Updated With Our Latest Video Lessons And CA Tips for Students and Professional. Comprehensive Learning Platform – Online Classes by Rakhi Agarwal for CA, CS & CMA . Other Free Courses on YouTube: Following Playlists are available on Our Channel: 1.INCOME TAX:    • INCOME TAX   2.COMPANY LAW :    • Company Law  . 3.UPCOMING DIVIDEND DECLARED BY COMPANIES :    • Upcoming Dividend declared by Companies  . 4.COMPUTER KNOWLEDGE :    • COMPUTER KNOWLEDGE   5.MSME :    • MSME   6.INDIAN ACCOUNTING STANDARDS :    • INDIAN ACCOUNTING STANDARD  . POWER QUERY :    • Power Query   #IndAS28 #AccountingStandards #AssociateCompany #JointVenture #EquityMethod #FinancialReporting #IndianAccountingStandards #CAStudents #CommerceStudents #AccountingBasics #AccountingConcepts #InvestmentsAccounting #AccountingMadeEasy #LearnAccounting #CorporateReporting #AccountingUpdates