How to account for a business combination under common control using the acquisition method or pooling of interests, with criteria for assessing its substance and worked examples.
Business-combinations
Mastering the art of consolidated financial statements
- How to account for a step acquisition when an investor already holds an interest in an investee, including goodwill, measurement-period adjustments and cash-flow presentation.
- How to identify a business, apply the acquisition method under IFRS 3 and ASC 805, measure acquired items and calculate goodwill or a bargain purchase gain.