IFRScommunity.com

Thanks alot Leo for a detailed description.
That is really helpful

Regards

Yes I am doing the PPA exercise. The goodwill amount is changing as net assets acquired becomes higher in case i include cash paid part of net assets..

JRSB wrote: ↑28 Mar 2024, 12:19 Leo, maybe the subsidiary has net liabilities which is why the existing shareholders would be happy to be diluted in this way.

The previous shareholders intentionally diluted their shareholding.

The consideration transferred includes assets transferred to the acquiree which remain within the combined entity (IFRS 3.38). This implies that the cash paid for shares is included in the net assets acquired so that the double entry is balanced. This cash payment equally affects both sides of the ...

Thanks everyone. For calculating goodwill at the time of acquisition cash will not be part of net assets, Calculation of consideration is taking into account the enterprise value of the company at the acquisition and cash wont be part of asset at time of the calculation, May i know any reference fro...

Hi, I need guidance on the following: If a Company (Parent) acquired a majority stake in Target Company through purchase of new shares issued by the Target Company. i.e. instead of existing shareholding selling their stake, Target Company issued new shares to the Company (Parent). The Company (Paren...