Accounting treatment of joint ventures under IFRS will be subject to a new standard. Proportionate consolidation will be abandoned and only equity will be allowed, in order to improve comparability. This article analyses the new standard and highlights the fact that although elements of proportionate consolidation exist, harmonization might not be entirely reached.
DICK, W. (2012). Joint-venture : mue comptable en vue. Les Echos, pp. 25.