NEW SECTION 3056, INTERESTS IN JOINT ARRANGEMENTS

On September 5, 2014, the AcSB issued new Section 3056, Interests in Joint Arrangements in Part II (ASPE) of the CPA Canada Handbook. This article discusses the significant changes, effective date and transitional provisions of the new section. Accounting for Interests in Joint Arrangements The AcSB noted in the exposure draft that under the previous […]