User Account

All Pages

What was the fair value of consideration paid

Assignment Help Financial Accounting
Reference no: EM132626086

Executive Summary/Abstract

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 (i) How many business combinations did the company report?

Question (ii) What was the fair value of consideration paid?

Question (iii) What are the components of acquisition costs, e.g. cash consideration and noncash consideration?

Question (iv) What was the fair value of net identifiable assets acquired?

Reference no: EM132626086

Questions Cloud

How much goodwill on bargain purchase has been recorded : How much goodwill or gain on bargain purchase has been recorded? List of content & overall presentation of the assignment Introduction
What does price elasticity of demand mean : What does "Price Elasticity of Demand" mean? What are the two approaches to pricing and why are they important?
Construct a plan of action and milestones : Your company recently reviewed the results of a penetration test on your network. Several vulnerabilities were identified, and the IT security management team.
Prepare an income statement for rose ltd for the year ending : Prepare an income statement for Rose Ltd for the year ending 30th June 2020 AND a statement of financial position (balance sheet) as at that date
What was the fair value of consideration paid : What are the components of acquisition costs, e.g. cash consideration and noncash consideration? What was the fair value of consideration paid?
Is the joint commission a regulatory agency : Who certifies providers' compliance with CoPs? Explain "Deemed Status." Is The Joint Commission a regulatory agency?
Describe fisma and hipaa requirements for a security plan : Write a 1- to 2-page high-level executive summary of the legal and regulatory compliance requirements for Health Coverage Associates executives.
Different issues in health care security : Explain the needed balance between different issues in health care security.
Explain the standard accounting technique : Explain the standard accounting technique which would be used to forecast Avalon's inventory levels for the 2018 year. Show the calculation of this amount.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd