Hello,
Going through Example 5 "Reilly LTD" should the goodwill calculation include the additional 10% ($15M) acquired for Hulme? please could you let me know why it doesn't?
Thank you
Ravi
CIMA Forums
Chapter 11 - Changes in group Structure
9y ago#1Hi,
No the goodwill is only calculated when we first gain control, which is when we acquired the original 60%.
The additional consideration is used to look at the change in ownership and the transfer between the group and the NCI.
Thanks
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