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21- FRS 3 requires published quoted price of equity instruments issued to be taken as the fair value of the cost of business combination. How do we deal with the incremental goodwill created when the fair value of business combination (based on published quoted price) exceeds the agreement price on the completion date of the business combination?

Description : Issue 2008-21
Format : PDF
Size : 59.91KB
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* FRSIC has decided to discontinue the project as this is not an implementation issue but an issue resulted from the inherent attributes of the transaction process. The submitter had been notified of the FRSIC's decision.
See also
Upcoming Working Group meeting
Issues undertaken by Industry Task Force
Submission of issue
Consensus reached
 
 
 
         
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