Skip to content

ACCA Forums

FRhow to solve FAIR VALUE REMAIN UNCHANGED?

LLee8y ago
How do i record this is Goodwill and Consolidated profit or loss Wharfline own the registration of a popular internet domain by the name ''E-Wharf.com''. The registration, which had a negligible cost, has a remaining useful life of five years at 1 july 15, and is renewable indefinitely at a nominal cost. At july 1 15, the internet domain name was valued at RM 20M by an internet domain specialist. The fair value of the domain name has remained unchanged as at 31 dec 15 Anything from associate should not included in Consolidated SPL ? like dividend from associate and interco sale with associate
Sign into reply to this topic.