Consolidation & Group Reporting
Equity Accounting for Associates and Joint Ventures: Reporting a 30% Stake in a £600,000 Joint Venture Under IAS 28
When your business takes a 30% stake in a joint venture, the accounting treatment is not optional guesswork. This article walks through IAS 28 equity accounting using a real £180,000 investment in a £600,000 joint venture, showing exactly how profit, loss and dividends move through your balance sheet and profit and loss account.