- This topic has 3 replies, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
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?
You 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.
So it applies when we acquire or sell a business ?
Yes – important thing is that you practice calculating goodwill on acquisitions.