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JVA with BCS

PostPosted: Tue Mar 18, 2008 7:16 pm
by TheScotsman
Hi All,
Anyone used JVA / joint ventures in BCS?
I'm keen to hear of any tips/suggestions
- was the consolidation unit the joint venture?
- was reclassification used?
- proportional consolidation?
Anything in particular to look out for / be aware of?

Re: JVA with BCS

PostPosted: Fri Apr 11, 2008 12:40 am
by Hot Asien Teen
We used proportional consolidaiton with group shares for the lot, JV, ASsociate, or Maj. owned.
We used a reclassification to adjsut the RE and Equity before COI is run.
We breifly considered implementing multiple accounting techniques, then decided a hole in the head would be less painful.

Re: JVA with BCS

PostPosted: Sun Apr 13, 2008 5:05 pm
by TheScotsman
Thanks

Re: JVA with BCS

PostPosted: Sun Apr 13, 2008 5:18 pm
by TheScotsman
Thanks