- This topic has 1 reply, 2 voices, and was last updated 8 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
General rule is that contingent liability of sub needs to be recognised on acquisition.
But in one of the questions I did ‘Joey’, the contingent liability is added only in @acq and not in @reporting as well in (W2) Net assets
Why is this the case?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.