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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › contingent consideration
sir in the post-acquisition consolidated Financial statements how is contingent consideration(included as a part of FV of consideration at the time of acquisition, after multiplying it with its probability of occurrence) that is payable to the subsidiary’s former shareholders recorded?
are they treated as a part of IAS 37 or IAS 32 (& subsequently IFRS 9)?
I hope you are not going to reel off lots of standard numbers in the exam as they won’t score marks.
Consideration is cash – re-estimated every year until paid – double entry to P&L
Consideration is shares – no adjustment to consideration irrespective of share price changes.