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Contingent IFRS 3

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Contingent IFRS 3

  • This topic has 0 replies, 1 voice, and was last updated 6 years ago by mirliz.
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  • February 23, 2020 at 12:41 pm #562819
    mirliz
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    • Topics: 28
    • Replies: 49
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    SBR

    Anyone pls answer this, I’m confuse on this part but dont know where to ask bcs the tutor on OT is curently not available till this 25/2. In IFRS 3, is contingent consideration and contingent liability not the same?

    Contingent consideration is in part of cost paid in goodwill working while the contingent liability is in net asset working. Correct me if I’m wrong

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