LAAP Bulletin 102 - Accounting for Collaboration-Transition Issues provides guidance on issues that may arise when making the transition to the new requirements for collaborative arrangements under the revised provisions of the 2014/15 Code, following the issue of the five new or amended standards introduced by the IASB in May 2011, ie IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosure of Interests in Other Entities, IAS 27 Separate Financial Statements (as amended in 2011) and IAS 28 Investments in Associates and Joint Ventures (as amended in 2011).