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Goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Goodwill

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by AvatarMikeLittle.
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  • May 28, 2015 at 10:12 pm #250016
    Avatarshaina
    Member
    • Topics: 14
    • Replies: 12
    • ☆

    Hi Mike,

    Please can you help with a goodwill question.

    Hessian group purchased 70% of shares of natural. Purchase consideration was 80m in cash and an intangible asset with a fv of 6m and a carrying amount of 4. This was the only intangible disposed of by the hessian group during the period.

    nci is measured at fv of 40m at the date of aquisition. Fv of net assets on the aquisition date were 110m.

    Would the purchase consideration be 80+6 or 80+4.

    May 29, 2015 at 12:08 am #250038
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    80 + 6 from what you have written

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