Page 18 - Finac2 Test 1 Slides - 2. Business Combinations
P. 18

CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS




            Acquisition method






                    • Exceptions:


                           • Reacquired right is measured based on the remaining contractual
                              term of the contract.


                           • Share based payment awards should be measured in terms of
                              IFRS 2.


                           • Assets held for sale should be measured in terms of IFRS 5 (fair

                              value less cost to sell).


            • Recognise and measure NCI (Step 5)


                    • Measure NCI at:


                           • Fair value or

                           • NCI’s proportionate share of the acquiree’s identifiable net

                              assets.





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