fair value of assets aquiredForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › fair value of assets aquiredThis topic has 3 replies, 2 voices, and was last updated 7 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts August 29, 2017 at 6:41 pm #404130 rafeeq2717ParticipantTopics: 3Replies: 2☆why do we have fair value adjustment in post aquisition net asset calculation, as the balance sheet of post aquisition is already with the adjustment. August 29, 2017 at 11:39 pm #404191 MikeLittleKeymasterTopics: 27Replies: 23265☆☆☆☆☆Who says that fair value adjustments have been reflected in the post-acquisition statement of financial position?It’s a most unlikely situation – the subsidiary will most probably retain their assets at their original carrying value as at date of acquisitionFair value adjustments are in the domain of consolidation exercisesOK? August 30, 2017 at 5:38 pm #404455 rafeeq2717ParticipantTopics: 3Replies: 2☆you absolutely great sir…thanks for clarification… thanks a lot.. August 30, 2017 at 7:11 pm #404464 MikeLittleKeymasterTopics: 27Replies: 23265☆☆☆☆☆🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘fair value of assets aquired’ is closed to new replies.