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The equity method is a method of accounting whereby the investment is initially recognised at cost and adjusted thereafter for the post-acquisition change in the investor’s share of the investee’s net assets. The investor’s profit or loss includes its …

A joint arrangement is an arrangement of which two or more parties have joint control. …

Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing …

A joint venture is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the …

A joint venturer is a party to a joint venture that has joint control of that joint venture. …

Significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control of those …

The following terms are used in this Standard with the meanings specified: …

Employee benefits are all forms of consideration given by an entity in exchange for service rendered by employees or for the termination of …

Short-term employee benefits are employee benefits (other than termination benefits) that are expected to be settled wholly before twelve months after the end of the annual reporting period in which the employees render the related …

Post-employment benefits are employee benefits (other than termination benefits and short-term employee benefits) that are payable after the completion of …