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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Group consolidations- fair value adjustmentsHI,
Hi,
I keep getting my consolidation questions wrong when there are adjustments to make(this is a big problem!!!!!!)
When there is a adjustment to the FV of land or say machinery, does this always go into the net assets calc? And if the items got revalued after the acquisition would this then mean it would be in the post acq net assets calc?
When there are good will adjustments – these effect P&L and the good will calc, never the Net assets calcs?
Is this all i need to know re FV adjustments? DOes anyone have a simple rule book for these types of adjustments?
Thank you!
A very distressed girl! (i forgot F7 and am having a total mare now!)