Chapter 5 5 2 Joint arrangements IPSAS 37 PSAR 2

In this lesson I take you through joint arrangements under IPSAS 37. I open on two partners who put in 60% and 40% of the money, and ask who decides. Then, with five friends from one village, I build the map of power, show what makes control joint, and walk you through three steps: is there joint control, is it a joint operation or a joint venture, and how to record your share. Then two past PSAR 2 questions, from April 2026 and December 2025. The map of power: control, joint control, significant influence and no influence Joint control: unanimous consent on the relevant activities, by a binding arrangement Why the capital percentage does not decide the type Joint operation (you own the pieces) or joint venture (a share of the whole), and the four signposts The equity method for a joint venture; your agreed share of each line for a joint operation PSAR 2, April 2026, Q4(a)(b): Aqua Pipeline Ltd PSAR 2, December 2025, Q2: the County Government of Kilimo, AgriPros Ltd and SHIP Timestamps 0:00 Welcome 0:39 How much power do you have? 1:16 Joint control: nobody is the boss 1:49 Who put in more does not decide 2:17 The rules on one screen 2:38 Step 1: Is there joint control? 3:03 Step 2: The pieces, or a share of the whole? 3:42 Step 3: Record your share 4:13 Question 1: Aqua Pipeline Ltd 5:22 Four terms, then the three steps 6:34 Question 2: the County Government of Kilimo 9:36 AgriPros Ltd: one line 10:09 SHIP: two sharing bases 11:12 Which standard does what 11:45 Older papers: IPSAS 8 11:58 Back to the map More at https://learnipsas.com If this helped you, please subscribe and share it with your colleagues and classmates. #PublicSectorAccounting #IPSAS37 #CPAYussuf