What is meant by a business combination

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Reference no: EM132893647

Business combinations

1. What is meant by a ‘business combination'?

2. Discuss the importance of identifying the acquisition date.

3. Explain the key components of ‘core' goodwill.

4. What recognition criteria are applied to assets and liabilities acquired in a business combi- nation?

5. Explain the key steps in the acquisition method.

6. How is the consideration transferred calculated?

7. How is a gain on bargain purchase accounted for?

8. Why is it important to identify an acquirer in a business combination?

Reference no: EM132893647

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