Research and development in consolidation

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November 27, 2022 at 4:09 am #672711
aryasingh
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Sir there is a question in BPP, Highveldt co. it has an adjustment of research and development.
could you please explain the working, I can’t understand it.
December 3, 2022 at 1:27 pm #673226
P2-D2
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Hi,

R&D is capitalised on acquisition at fair value on acquisition and then amortised over its useful life (IFRS 3). See if that helps you with the answer and let me know if you need more help.

Thanks
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