How do I disclose Joint Ventures and Associate Companies in my accounts?
Article ID
ias-9936
Article Name
How do I disclose Joint Ventures and Associate Companies in my accounts?
Created Date
4th July 2011
Product
IRIS Accounts Production
Problem
How do I disclose Joint Ventures and Associate Companies within my Financial Statements?
Resolution
To generate the required disclosure for Joint Ventures and Associated Companies, the relevant data screen will need to be completed.
For Joint Ventures please follow the below:
Edit | Data Screens | Notes to the Financial Statements | Balance Sheet Items | Fixed Asset Investments | Joint Ventures | 1 | Joint Venture 1
For Associated Companies please follow the below:
Edit | Data Screens | Notes to the Financial Statements | Balance Sheet Items | Fixed Asset Investments | Associated Companies | 1 | Associated Companies 1
NOTE: For users who have more than three (3) Associated Companies or Joint Ventures, they are required to use the Additional/Replacement text box to disclose the remaining companies.
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