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Sept 2018 Q1(b)

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  • April 25, 2020 at 10:38 am
    Sept 2018 Q1(b) 2
    toushiga
    Participant

    Sir, for the examiner answer for the last paragraph

    “Review the calculation of net assets acquired to conform that Group accounting policies have been applied”

    What is mean of Group accounting policies refers to here? Consolidation?

    Thank you.

    April 28, 2020 at 9:45 am
    Sept 2018 Q1(b) 3
    Kim Smith
    Keymaster

    Apologies for delay in replying – I wanted to consult with a colleague before doing so.

    Please ignore this point. Group accounting policies are not relevant to net assets measured at fair value.

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