COR2137. Joint Ventures for Contractors

Joint ventures continue to be prevalent in current times. This session will explore the reasons why contractors enter into joint ventures. We will explain what determinations for accounting methods and policies that need to be made at the joint venture entity level. We will also discuss the various methods used to account for the investment and earnings of a joint venture at the joint venture member level and the required disclosures needed in the financial statements.

Learning Objectives:

• Identify how to account for Joint Ventures in Construction
• Identify the unique operational issues that effect accounting for Joint Ventures