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M21059 - IFRS11: Joint Arrangement (Online)

  • 12 Oct 2021
  • 13:30 - 16:45
  • Online Webinar


Registration Time: 13:15
Sessions Time:13:30 - 16:45  including a 15-minute break
Speaker: Mr Kevin Vassallo
Venue: Online Webinar
*Group bookings for 3 or more participants available.
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00


The session will provide the necessary knowledge that will enable participants to assess the rights and obligations of the joint arrangement and hence account for those rights and obligations with that type of joint arrangement.
IFRS 11 Joint Arrangements outlines the accounting by entities that jointly control an arrangement. A joint arrangement is an arrangement of which two or more parties have joint control i.e. contractually agreed sharing of control which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. Arrangements subject to such joint control are classified as either a joint venture (representing a share of net assets and equity accounted) or a joint operation (representing rights to assets and obligations for liabilities, accounted for accordingly).


IFRS 11 was issued in May 2011 and applies to annual reporting periods beginning on or after 1 January 2013. This session will also cover subsequent amendments to IFRS 11.  It supersedes IAS31 Interests n Joint Ventures and SIC 13 – Jointly Controlled Entities – Non Monetary Contributions by Venturers.


This seminar is intended for practitioners who deal with business ventures of this form as well as other professionals who make use of financial information relating to these types of entities.


Kevin is a certified public accountant by profession who holds a post-graduate degree in the science of finance. He is currently Head of Treasury at the Malta Development Bank, having previously occupied the post of Director Finance at the MFSA. Prior to that, he was a senior executive at the Central Bank of Malta for 28 years where he gained valuable experience in accounting, internal audit, human resources management, portfolio management and risk management. He has been lecturing for the past 25 years having started off with the Malta Institute of Accountants and moved on to BPP and subsequently AIM Academy. His areas of expertise include accounting and financial management and he has in the past lectured subjects F2, F3, F7, F9 and SBR for ACCA tutor as well as related subjects in ACA and various MBA programmes.


3 Hours Core


Terms and conditions apply.


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