Obtain the 2011 annual report of Vodafone (www.vodafone.com). Required: 1. Contrast the accounting approaches used in Notes
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Required:
1. Contrast the accounting approaches used in Notes 13 for “investments in joint ventures” and 14 for “investments in associated undertakings.” What are key similarities and differences?
2. Do you think it is likely that Vodafone’s accounting for joint ventures will change after it implements IFRS No. 11? Explain.
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Requirement 1 Note 13 Investments in joint ventures describes Vodafones accounting for their participation in joint ventures Per Note 2 A joint ventur...View the full answer
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Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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