BC42 The Board proposed in ED 9 to align the disclosure requirements for joint ventures and associates by proposing consequential amendments to IAS 28 and by extending the application of some disclosure requirements in IAS 28 to investments in joint ventures.
BC43 During its consideration of responses to ED 9, the Board questioned whether it was possible to achieve further alignment between the disclosure requirements for joint ventures and associates, to the extent that the nature of the particular type of interest does not justify different disclosure requirements. Although joint control is different from significant influence, the Board concluded that the disclosure requirements for joint arrangements and associates could share a common disclosure objective - to disclose information that enables users of financial statements to evaluate the nature, extent and financial effects of an entity's interests in joint arrangements and associates, and the nature of the risks associated with
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