Hello Sir, for treatment of contingent consideration under business combination
In what circumstance it will be treated under IFRS 9 (financial liabilities), and IAS 37 (contingent liabilities)?
Thank you.
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contingent consideration
6y ago#1IFRS 3 only
Always measure at FV
If liability - remeasure every year end
If equity - FV at takeover date and not remeasured
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