goodwill
NCI at Acquisition: How to Calculate Non-Controlling Interest on the Date of Purchase
When HoldCo acquires 75% of SubCo, it controls SubCo from the acquisition date and must consolidate SubCo’s full balance sheet…
Goodwill on a Foreign Subsidiary: Why It Must Be Retranslated Every Period — and the CTA You Are Probably Not Recording
Rachel is the group financial controller of Nexus Group, a UK-based business that acquired a German subsidiary, Nexus GmbH, eighteen…
Combining Xero Reports Across Organisations Is Not a Consolidation — Here Is What Is Missing
James is the finance manager at Crestfield Group, a three-entity business that uses Xero across all of its organisations. Each…
How to Consolidate a UK GAAP (FRS 102) Subsidiary into an IFRS Parent: Lease Recognition, Goodwill Reversal, and GBP Translation
European and international IFRS groups that have acquired UK businesses face a consolidation path that is often underestimated in its…
Step Acquisition in a Construction Group: The Consolidation Accounting When Your Associate Becomes a Subsidiary
Construction groups often hold minority stakes in specialist subcontractors before acquiring control. A main contractor might take a 30% or…
Negative Goodwill: Why the Bargain Purchase Gain Must Hit Your Consolidated P&L — Not Equity, Not Deferred Income
Claire is the group finance director of Atlas Industrial Group. The group has just completed the acquisition of Vantage Precision…
Selling a Retail Chain: Why the Consolidated Disposal Gain Is Not What the Parent’s Books Show
When Vantage Retail Group completed the sale of Forum Apparel — a fashion chain it had owned for three years…
Acquiring a Property SPV Mid-Year: How to Handle the Purchase Price Allocation, Goodwill, and Your First Consolidation
In August, the board of Hartfield Property Holdings approved the acquisition of Stanmore Yield SPV Ltd, a commercial property holding…
A Complete Consolidation Worked Example: From Entity Trial Balances to Consolidated Financial Statements
Most consolidation guides explain what an intercompany elimination is. Far fewer show you exactly what happens to the numbers when…
Selling a Property SPV: Why the Consolidated Disposal Gain Is Never What the Parent Expects
The board of Crestwood Property Holdings had been waiting five years for this. Merlin Court SPV Ltd — a commercial…