La comptabilisation des participations dans des coentreprises et la transition à la norme IFRS 11. Cas du groupe Elia et 50 Hertz.

Abstract

Executive Summary Joint-ventures represent a way for several companies to expand their activities abroad. In the recent years, their reporting methods have aroused great international debates. In fact, the old international standard IAS 31 "Interests in Joint-ventures” allowed two Reporting methods for Joint-ventures: proportionate consolidation and equity method. In may 2011, the International accounting standard board, the IASB issued a new standard IFRS 11” Joint arrangements” which supersedes IAS 31. The IFRS 11 standard made mandatory at the european level since early 2014, required the use of the equity method and eliminated the proportionate consolidation. Long before the publication of this standard, the IASB conducted an empirical study to determine the impact of the abolition of the proportionate consolidation in the consolidated financials Statements of several european companies. Following the results obtained,, the IASB concluded that overall the impact was negligible because , net income and shareholders' equity are identical in the two Reporting methods. However, several researchers have also conducted an empirical study in an european context which enabled them to demonstrate that, the abolition of the proportionate consolidation had a significant impact on consolidated financials statements. We relied on the assumptions and arguments advanced by the IASB and these researchers to show the impact of the abolition of proportionate consolidation on the consolidated financials Statements of the Elia Group and 50 Hertz, before and after the application of the IFRS 11.

Keywords : Joint-ventrues, Proportionate Consolidation, Equity Method, IFRS 11 INTRODUCTION