Flight operations updates. JFK runway construction. Last Updated: 4/20/2017 03:00 AM ET. The Port Authority of New York & New Jersey (PANYNJ) is leading a federally mandated runway improvement project at New York's John F. Kennedy International Airport (JFK) through mid-November 2017.
Definition. IFRS: An associate is an entity over which the investor has significant influence â that is, the power to participate in, but not control, an associateâs financial and operating policies.efinition. IFRS: A joint venture is defined as a contractual agreement whereby two or more parties undertake an economic activity that is subject to joint control. Joint control is the contractually agreed sharing of control of an economic activity. Unanimous consent of the parties sharing control is required.
International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements. IFRS provides general guidance for the preparation of financial statements, rather than setting rules for industry-specific reporting.