Mfrs
MFRS 11
LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD
Malaysian Financial Reporting Standard 11
Joint Arrangements
© Malaysian Accounting Standards Board 2011 1
MFRS 11 This Standard contains material in which the IFRS Foundation holds copyright and which has been reproduced in this Standard with the permission of the IFRS Foundation. Copyright in the International Financial Reporting Standards (including International Accounting Standards and SIC and IFRIC Interpretations), International Accounting Standards Board (IASB) Exposure Drafts, and other IASB publications belong to the IFRS Foundation. All rights are reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the prior permission in writing to MASB or as may be expressly permitted by law or under terms agreed with the appropriate reprographics rights organisation. No part of the materials incorporated in this publication, the copyright of which is held by the IFRS Foundation, may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the prior permission in writing to the IFRS Foundation or as may be expressly permitted by law or under terms agreed with the appropriate reprographics rights organisation. MFRS 11 Joint Arrangements is issued by the MASB in respect of its application in Malaysia.
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MFRS 11 CONTENTS paragraphs PREFACE INTRODUCTION IN1–IN11
MALAYSIAN FINANCIAL REPORTING STANDARD 11 JOINT ARRANGEMENTS
OBJECTIVE SCOPE JOINT ARRANGEMENTS Joint control Types of joint arrangement FINANCIAL STATEMENTS OF PARTIES TO A JOINT ARRANGEMENT Joint operation Joint venture SEPARATE FINANCIAL STATEMENTS APPENDICES A Defined terms B Application guidance C Effective date, transition and withdrawal of other MFRSs 1–2 3 4–19 7–13 14–19 20–25 20–23 24–25 26–27
©
IFRS Foundation
3
MFRS 11
Style Additions to the original text of
LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD
Malaysian Financial Reporting Standard 11
Joint Arrangements
© Malaysian Accounting Standards Board 2011 1
MFRS 11 This Standard contains material in which the IFRS Foundation holds copyright and which has been reproduced in this Standard with the permission of the IFRS Foundation. Copyright in the International Financial Reporting Standards (including International Accounting Standards and SIC and IFRIC Interpretations), International Accounting Standards Board (IASB) Exposure Drafts, and other IASB publications belong to the IFRS Foundation. All rights are reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the prior permission in writing to MASB or as may be expressly permitted by law or under terms agreed with the appropriate reprographics rights organisation. No part of the materials incorporated in this publication, the copyright of which is held by the IFRS Foundation, may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the prior permission in writing to the IFRS Foundation or as may be expressly permitted by law or under terms agreed with the appropriate reprographics rights organisation. MFRS 11 Joint Arrangements is issued by the MASB in respect of its application in Malaysia.
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MFRS 11 CONTENTS paragraphs PREFACE INTRODUCTION IN1–IN11
MALAYSIAN FINANCIAL REPORTING STANDARD 11 JOINT ARRANGEMENTS
OBJECTIVE SCOPE JOINT ARRANGEMENTS Joint control Types of joint arrangement FINANCIAL STATEMENTS OF PARTIES TO A JOINT ARRANGEMENT Joint operation Joint venture SEPARATE FINANCIAL STATEMENTS APPENDICES A Defined terms B Application guidance C Effective date, transition and withdrawal of other MFRSs 1–2 3 4–19 7–13 14–19 20–25 20–23 24–25 26–27
©
IFRS Foundation
3
MFRS 11
Style Additions to the original text of
References: (2) Paragraph 44G is added as follows: 44G MFRS 11 Joint Arrangements (IFRS 11 Joint Arrangements as issued by IASB in May 2011) amended paragraph 28