[loveart80]

Thanks a lot for the clarification.

[loveart80]

Hi Mike

Thanks for your prompt answer. I’m given the value of the nci at the date of acquisition but I’m not clear how should I understand that the fair value adjustment is already included in that value. From the below statement?

“The only fair value adjustment required to Sact’s net assets on consolidation was $20,000 increase in the value of its land”

Thanks in advance

[Author]

Posts