- This topic has 5 replies, 3 voices, and was last updated 9 years ago by
.
Viewing 6 posts - 1 through 6 (of 6 total)
- Posts
Depends on probability – gteater than 50%, calculate probable amount and include it. Only possible, exclude – and amend calculations when probability resolved
Mike is this treatment (from 2010) still valid?
If the deemed probable consideration turns out to be different is goodwill recalculated?
Whooah! I hadn’t spotted that this was so old even though you actually spelled it out for me :-(((
Contingent consideration IS included as a liability in the calculation of goodwill as at date of acquisition.
If / when the contingency becomes more clear / probable and there is a better idea of the value of the liability (if any) there is no recalculation of the goodwill. Any adjustment goes through statement of profit or loss
OK?
Viewing 6 posts - 1 through 6 (of 6 total)
- You must be logged in to reply to this topic.