DA
Answered
Why does AASB 3 allow a choice in the measurement of NCI at the date of acquisition?
On May 17, 2024
Measurement of NCI at date of acquisition:
- Measurement of NCI at date of acquisition can be by either the fair value (100% goodwill)method or the proportionate interest goodwill method.
- This represents a change from previous regulatory requirements that required only the parent entity interest in goodwill to be recognised,and therefore appeared to represent a proprietary concept of consolidation.