Solution-What was the amount identifiable intangible assets

What was the amount identifiable intangible assets

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Reference no: EM132626094

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List of content & overall presentation of the assignment Introduction

Part A: Accounting Standard Setting, Regulation and Disclosure

research and critically explain how the Australian Accounting Standards Board takes part in the global accounting standard setting process (i.e. in setting IFRS). Why is the IFRS set by the International Accounting Standards Board (IASB) not compulsory for the member countries of IASB?

research and critically examine the concepts of small proprietary company, large proprietary company and reporting entity. What are the implications of being classified as either one of these three types of companies in terms of compliance and reporting requirements?

Part B: Disclosure on Business Combination

Collect the latest annual reports of two ASX listed companies. Each of the two companies must have reported Business Combination as per AASB 3. Carefully read the note disclosure relating to the Business Combination AASB 3. Answer the following for each of the two companies:

Question 1: What was the amount of goodwill as percentage of total consideration paid?

Question 2: What was the amount identifiable intangible assets as a percentage of total consideration paid?

Question 3: Write a comparative analysis on the two companies' disclosure on business combination.

Reference no: EM132626094

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What was the amount identifiable intangible assets

Reference no: EM132626094

Reference no: EM132626094

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