IFRS 3 Business Combinations terminology n.(某学科的)术语;有特别含义的用语,专门用语;术语学 liabilities assumed 承担的负债:在一项交易或协议中,一方同意承担另一方的债务或责任。 asset acquisition 资产收购:指一家公司购买另一家公司的资产,如设备、知识产权、客户资源等,以扩大业务规模或提高竞争力。 bargain...
In measuring the acquisition-date fair value of an asset such as a building or a patent that is subject to an operating lease in which the acquiree is the lessor, the acquirer shall take into account the terms of the lease. The acquirer does not recognise a separate asset or liability if...
Performing Due Diligence for Mergers and Acquisitions: Assessing Risks and Earnings, Ident... December 19, 2023 • CPE • CPE On-Demand This webinar will emphasize the importance of a well-planned and disciplined due diligence review. Our panel of acquisition experts will outline the various...
Accounting is necessary for owner exit.Small companies that may be looking to be acquired often need to present financial statements as part of acquisition or merger efforts. Instead of simply closing a business, a business owner may attempt to "cash out" of their position and receive compensatio...
Steve Collings looks at the fundamental principles in accounting for goodwill and intangible assets and also looks at some fundamental differences between current UK GAAP, IFRS and the proposed IFRS for SMEs. As accountants we are all aware that an intangible asset does not have any physical form...
Under IFRS 3, the parent can choose to measure any non-controlling interest at either fair value or the proportionate share of net assets. There are two potential ways that the fair value method will arise in the FR exam. The fair value of the non-controlling interest at acqu...
Steve Collings looks at the fundamental principles in accounting for goodwill and intangible assets and also looks at some fundamental differences between current UK GAAP, IFRS and the proposed IFRS for SMEs. As accountants we are all aware that an intangible asset does not have any physical...
Goodwill at acquisition X This could be asked as an OT question but is more likely to be a MTQ where you will be calculating and submitting a figure for each of the component parts of the goodwill calculation – cost, NCI...
Asset as a part of a restructuring or held for disposal Obsolescence or physical damage to the asset Inability to bring in post-merger synergy benefits that were expected earlier Worse economic performance than what is expected Exclusions as per IFRS IAS 36 ...
Cost principle– This states the basis for which costs are recorded. It dictates how much expenses should be recorded for (i.e. at transaction cost) in addition to properly recognizing expenses over time for appropriate situations (i.e. a depreciable asset is expensed over its useful life). ...