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CHANGES IN THE COMPOSITION OF A GROUP

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › CHANGES IN THE COMPOSITION OF A GROUP

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by AvatarP2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 25, 2016 at 3:06 pm #345974
    Avatarteejayomatsola
    Participant
    • Topics: 5
    • Replies: 7
    • ☆

    how do i determine the cost of investment for the purpose of goodwill in a situation where say 60% investment acquired and a further 20% acquired at another date without the question giving you the amount paid for the 60% or 20% but given as a single figure in the statement of financial position of the parent company.for example:

    investment in S 100,000

    October 26, 2016 at 8:34 pm #346180
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    You would have to be given the fair value of the 20% investment acquired. You wouldn’t be able to answer the question without it really.

    Thanks

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