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IFRS 11: Joint Arrangements

The accounting standard IFRS 11 clarifies the reporting procedures for joint arrangements. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments.

What's on this page?

  • Full-text standard
  • Summaries
  • Guidance and support from ICAEW
  • Example accounts
  • eBooks
  • Guides
  • Online articles
  • Articles and books from the Library

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Full-text standard

The IFRS Foundation and International Accounting Standards Board (IASB) provides free access to the consolidated unaccompanied international accounting standards for the current year through its website; you will need to register to gain access.

These standards are the unaccompanied versions and do not include any additional content that accompanies the full IAS and IFRS such as illustrative examples, implementation guidance and bases for conclusions.


IFRS 11 Joint Arrangements
Project summary from the IASB, with links to related documents.

IFRS 11 – Joint Arrangements
Timeline and summary from Deloitte IAS Plus, with information on related interpretations and amendments under consideration.

Joint arrangements
Topic summary provided by PwC, giving latest developments and overview, a summary of the standard and links to relevant resources.

ICAEW guidance and support

Financial Reporting Faculty
The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants.

Example accounts

IFRS checklists and model financial statements
Online disclosure checklists, general IFRS illustrative statements and compliance questionnaires compiled by the ICAEW Library.

Best practice

Company Reporting
The ICAEW Library can provide extracts of reports to illustrate real-life best practice from CCH's Company Reporting tool. Extracts are searchable by industry sector, subject, company, auditor, listing status and year end date. The product also offers reports with summaries and commentary (with examples) on common practices and emerging issues, as well as an ongoing monitor of changing practices.

  • IFRS 11 'Joint arrangements' CR Extracts
  • Joint Arrangements: An emerging issue under IFRS

Contact us on +44 (0)20 7920 8620, by web chat, or at library@icaew.com to get any documents from Company Reporting.

ICAEW and Financial Reporting Faculty members can also buy a personal discounted subscription to this product.


The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

IFRS 2017: Interpretation and application of IFRS standards
Erwin Bakker (2017)
This Wiley guide has been fully updated to help practitioners apply and comply with the latest international financial reporting standards. It provides detailed guidance along with illustrative examples. The chapter on consolidations, joint arrangements, associates and separate financial statements covers:

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

IASB news

IASB publishes amendments to IFRS 11 Joint Arrangements
Project update from the IASB issued on 6 May 2014 announcing new guidance on how to account for the acquisition of an interest in a joint operation that constitutes a business.

IASB publishes Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in Other Entities: Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12)
Press release from the IASB, issued on 28 June 2012, announcing amendments to clarify transition guidance and provide additional transition relief.

IASB completes improvements to accounting requirements for off balance sheet activities and joint arrangements
Press release from the IASB, issued on 12 May 2011, announcing the issue of new accounting standards IFRS 10, IFRS 11 and IFRS 12.

Guides and publications

Some guides and comparisons that we link to may pre-date the latest amendments to this standard. While these resources contain useful information, please treat them with appropriate caution.

Measurement of joint operations: Reading between the lines
Guide published by PwC in November 2014 looks at some common JO measurement issues and approaches that have arisen.

Applying IFRS in the Oil & Gas Sector: Potential implications of the amendments to IFRS 11 Joint Arrangements
Guide produced by EY, published in November 2014, discussing the significant impact of changes to IFRS 11 on oil and gas entities.

Potential implications of the amendments to IFRS 11 Joint Arrangements
Guide from EY discussing the potential impact for mining and metals entities. Published August 2014.

Challenges in adopting and applying IFRS 11
Detailed guide from EY published in June 2014 describing the requirements of IFRS 11, application issues and disclosure requirements. The guide covers:

  • joint arrangements
  • joint control
  • classification of a joint arrangement
  • accounting for joint operations
  • accounting for joint ventures
  • continuous assessment
  • disclosures.

Acquisition of interests in joint operations
Bulletin issued by PwC in May 2014 giving an overview of the impact and scope of amendments to IFRS 11.

Accounting for collaborations in the life sciences sector: Challenges in applying IFRS 10 and IFRS 11
Guide, with examples, produced by EY in June 2013.

A practical guide to new IFRSs for 2013
Guide published by PwC in March 2013 covering new standards and interpretations, including transition guidance for IFRS 11.

Practical guide to IFRS – Classification of joint arrangements
Guide produced by PwC in October 2012 explaining a four-step process for classifying joint arrangements in line with IFRS 11.

Challenges in adopting and applying IFRS 11
Guide from Ernst & Young published in May 2013 discussing the application of IFRS 11 and the related disclosure requirements for joint arrangements and joint ventures.

Impact of the new joint arrangements and consolidation standards (Oil & Gas)
Guide published in August 2011 by Ernst & Young describing the impact of IFRS 10, IFRS 11 and IFRS 12 on the oil and gas industry.

Impact of the new joint arrangements and consolidation standards (Mining & Metals)
Guide published in August 2011 by Ernst & Young describing the impact of IFRS 10, IFRS 11 and IFRS 12 on mining and metals entities.

IFRS 10, 11 and 12 on consolidation and joint arrangements: A changing balance sheet – Implications for the real estate and construction industries
Guide focusing on the property and construction industries, published by Ernst & Young in July 2011.

IASB issues three new standards: Consolidated Financial Statements, Joint Arrangements, and Disclosure of Interests in Other Entities
Bulletin from Ernst & Young, published in May 2011, summarising IFRS 10, IFRS 11 and IFRS 12.

Other resources

IFRS Learning
Interactive training modules from Deloitte with practical scenarios, worked examples and questions to test your knowledge. Each module is available to download as a zip file free of charge (registration is required).

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

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