Financial Reporting – Goodwill Calculation

This topic has 1 reply, 2 voices, and was last updated 3 years ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 16, 2022 at 11:53 am #671606
navidmodhej
Participant
- Topics: 1
- Replies: 0
Hi there,

Should the net asset at acquisition amount used in the Goodwill calculation not be Book Value (BV), rather than FV? (page 103 of notes)

Many thanks,

Navid
November 17, 2022 at 8:49 pm #671758
P2-D2
Keymaster
- Topics: 4
- Replies: 7235
Hi,

No, on consolidation we include the assets and liabilities at FV as this then reflects more accurately what has been paid to acquire the subsidiary.

Thanks
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.