Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Accounting and Audit v
« Previous 1 … 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 … 28 Next »
IFRS 3 - Goodwill and consolidation for y/e 2009

 
  • 0 Vote(s) - 0 Average
IFRS 3 - Goodwill and consolidation for y/e 2009
rrehman
Offline

Junior Member

Posts: 2
Threads: 2
Joined: Jan 2010
Reputation: 0
#1
01-07-2010, 03:50 PM
AOA
Please comment on the new changes being introduced by IFRS3 regarding calculation of Goodwill (i.e. full goodwill method)
Will we have to follow in preparing consolidated financial statements in pakistan for thte year ended december 2009..or we can prepare the financial statement on the old method of Goodwill calculation...
Sir Kamran...Please help.

Regards
Rizwan
Sh.Mohsin
Offline

Member

Posts: 244
Threads: 17
Joined: Feb 2009
Reputation: 0
#2
01-23-2010, 05:25 PM
The main change in the mathod is just because of two options in calculating the non-controlling interest.
Non-controlling interest can be calculated either at proportionate basis or at markete value. Calculation of goodwill will also vary accoring to the choice of mathod.
According to me, old mathod can be applied for the year ended 31 December 2009.
« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode