Hi there Sir
I was going through the Bpp kit book and found a mark scheme examiner answer quoting business combinations ifrs3 standard
This is not in the your notes ?
Do we need to prepare for it?
Ask the Tutor ACCA SBR
IFRS 3 business combinations
5y ago#1You need to know the basics of goodwill - you will have this as long as:
1. You know our notes
2. You have worked the last 8 or so exams (from
the BPP kit) - you will inevitably pick up extra learning points as you do so.
Thankyou sir
So it applies when we acquire or sell a business ?
5y ago#3Yes - important thing is that you practice calculating goodwill on acquisitions.
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