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AS 31 defines a Joint venture as A contractual arrangement whereby two or more parties undertake an economic activity that is subject to joint control. Joint control: The contractually agreed sharing of control over an economic activity such that no individual contracting party has control.
A collaboration is a layman's term and is not part of any accounting std. It just means the coming together of 2 or more parties for the purpose of brainstorming and sharing of expertise.
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∙ 12y ago
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What is the difference between a joint venture partner and subcontractor?
subcontractor join to main contractor to form joint venture but that venture is not partnership
What is the difference between merger and joint venture?
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
What is the difference between a joint venture equity strategic alliance and non-equity strategic alliance?
The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.
Which are the top 10 joint venture companies in the world?
joint venture companies
What is buyback joint venture?
joint venture, each partner provides inputs and absorbs outputs
What is the difference between a joint venture partner and subcontractor?
subcontractor join to main contractor to form joint venture but that venture is not partnership
What is the difference between a partnership and joint venture?
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What is the difference between merger and joint venture?
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
What is difference between syndicate and a Joint venture?
Syndicate is a informal arrangment and will be disbanded once the objecive is attained. Joint Venture is legal long term arrangment with a common objective.
What is the difference between a joint venture equity strategic alliance and non-equity strategic alliance?
The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.
What difference between proportionate method of consolidation and equity method of consolidation?
If there is a joint venture between two companies. Each of the companies, under the equity method, only records half of the income from the joint venture on the income statement-nothing on balance sheet. With the proportionate consolidation method, the parent companies record half of the liabilities and assets from the joint venture.
Was GE Fanuc a joint venture between the United States and Japan?
This was a joint venture between two companies not two countries. The two companies involved in the venture are General Electric in the US and FANUC Ltd. in Japan.
What is the difference between a smart car and a Ford car?
The Smart car is produced in a joint venture between Mercedes and Swatch and the other is produced by the Ford Motor Company
What Drive your beat is a joint venture between apparel brand Levi's and which car brand?
Q.9 Drive your beat is a joint venture between apparel brand Levi's and which car brand?
In which year joint venture between maruti and suzuki held?
1980
Supersonic BrahMos missile is a joint venture between India and?
Russia
Which are the top 10 joint venture companies in the world?
joint venture companies
