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hey mike , will you be solving p2 consolidations past papers anytime soon ?? wold really appreciate it sir .
thank you.Hi aliisa
Sorry, but there are no plans to record any P2 answers for December from past papers 🙁
ohhh thats alright mike , you’ve helped me alot already . anyways mike i gotta ask you something .. i was watching the p2 lectures on consolidations and i was really confused about one thing . in chapter 3 , example 4 .. when your working out the goodwill in Working2 , after deducting the FV of NA @ DOA from the cost of investment , you get the goodwill figure , but then you allocated the group’s share of that good will to each column , 70% for the first column and 2/15 and 7/15 for the 2nd and 3rd column .. BUT you didnt do this goodwill allocation thing in previous example , which is example 3 .. is there any reason for that ?
Hi
Only because in the Anda example, there is a “D” shaped group with three different acquisitions. The goodwill allocation was because in Kristina the nci was proportional whereas in Liene the nci was at fair value
Does that explain it?
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