10 Consolidated entities: WHO discloses a list of significant controlled entities in accordance with IPSAS. Consolidated financial statements are prepared by combining similar items of assets, liabilities, net assets/equity revenue and expenses of all controlled entities.
20 Interests in joint ventures: WHO will consolidate entities deemed to be a joint venture as per IPSAS using the equity method. Only those ventures where the WHO share of jointly controlled assets are considered material to the financials of WHO will be consolidated.
