Insights
Client Alert
Joint Venture Agreements in Light of Emerging Accounting Amendments
July 16, 2013
BY REGINA ENGELSTAEDTER, JAN GERNOTH & UWE HALBIG
The International Accounting Standards Board (IASB) issued a new set of consolidation rules, which might have a significant impact on the accounting treatment for existing Joint Ventures and could consequently affect key financial figures of the shareholders.