Skip to content

Ask the Tutor ACCA SBR

Provisional amounts at acquisition of a subsidiary

TPTafara Paul9y ago
Which figures should I use, the actual figures or the figures provided at acquisition date, for example value of assets not known at acqun but known after acqn date
P2-D2P2-D2Tutor9y ago#1
Hi, You use provisional values but if they change within a year of the acquisition then you substitute the updated values and so adjust the goodwill. Thanks
Sign into reply to this topic.