IFRS 3 BUSINESS COMBINATIONS

Presentation on Business Combinations
Synopsis
– Objective; -Core Principle; -Scope; -Definition of Business; -Recognition – Acquirer’s Perspective; -Identify the Acquirer; -How To Identify the Acquirer; -Measure the Cost of Business Combination; -Definitions – Cost of Business Combination; -Allocate the Cost to Assets, Liabilities on Acquisition Date; – Recognition Criteria for Assets and Liabilities of Acquiree; -Recognition of Income of Acquiree; – Recognition of Goodwill; -Bargain Purchase; – Disclosure by Acquirer