Goodwill arising on amalgamation

Goodwill Any excess of the amount of the consideration over the value of the net assets of the transferor company acquired by the transferee company is recognised in the financial statements as goodwill arising on amalgamation. Measured as the difference between the aggregate of (a) the acquisition date fair value of the consideration transferred (b) the amount of any non-controlling interest and (c) in a business combination achieved in stages, the acquisition date fair value of the acquirers previously held equity interest in the acquirer and,The net of the acquisition-date fair values of the identifiable assets acquired and the liabilities assumed.


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