• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

TRAVELER (12/11)- Goodwill Calculation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › TRAVELER (12/11)- Goodwill Calculation

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 24, 2014 at 12:28 pm #170497
    cherryblossom
    Member
    • Topics: 16
    • Replies: 25
    • ☆

    Dear Sir,
    This concern is about requirement (b) Goodwill calculation of ‘Traveler’ company.
    Here in the Acquisition consideration of Data why we will not take account cash consideration of 220m (to buy further interest of 20 percent)?
    Do we only consider the consideration of acquiring control (when Traveler bought 80 percent of Data)?

    May 25, 2014 at 7:24 pm #170803
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Moving from an associate to a subsidiary – calculate the gain on sale of the associate and use the fair value of the associate investment as part of the cost of acquiring control in the subsidiary

    BUT!!! Moving from subsidiary to subsidiary – there is no handover of control. We DID have control and now ….. we still have control. So no gain nor loss on deemed disposal.

    Have you read through the course notes?

    May 26, 2014 at 5:06 am #170856
    cherryblossom
    Member
    • Topics: 16
    • Replies: 25
    • ☆

    Thanks, I got it and yes, I read notes. 🙂

    May 26, 2014 at 4:56 pm #170973
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    You’re welcome, and “Good”

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • nosiphoceliwedlamini@gmail.com on Financial instruments – convertible debentures – ACCA Financial Reporting (FR)
  • NirajNathani99 on PPE – revaluation upwards – ACCA Financial Reporting (FR)
  • AKN1989 on Linear Programming – Maximum contribution – ACCA Performance Management (PM)
  • Motsotase910 on Contingent Assets and Liabilities – ACCA Audit and Assurance (AA)
  • Kim Smith on ACCA F2 Key to success

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in