Define the joint ventures, Accounting Basics

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Define the joint ventures

Response to the following questions:

1. How does IFRS deal with the problem of defining and reporting associates and joint ventures?

2. What are the similarities and differences of US, Japan and EU countries when compared to each other and to IFRS?

3. How will IFRS improve the accounting treatment of associates and joint ventures?

4. Are there any problems with the IFRS approach to associates and joint ventures?

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Accounting Basics: Define the joint ventures

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Accounting Basics: Define the joint ventures

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