IFRS 3
Acquiring a Retail Chain Mid-Year: Purchase Price Allocation, Goodwill, and Why the First Period of Ownership Looks Less Profitable Than You Expected
When Pinnacle Retail Group completed its acquisition of Strand & Co, a twelve-store women’s fashion chain, the deal team handed…
Earn-Outs in Professional Services Acquisitions: Why the Contingent Consideration Accounting Only Exists in Your Group Accounts
Professional services acquisitions are structured differently from most deals. When a corporate group acquires a manufacturing business or a property…
Goodwill in Group Consolidation: Calculation, Impairment, and Common Errors
Of all the numbers that appear on a consolidated balance sheet, goodwill is typically the one that generates the most…
Acquisition Accounting in Group Consolidation: A Step-by-Step Guide to IFRS 3
When one company acquires another, the transaction creates a set of technical accounting requirements that will affect every group consolidation…
Goodwill in Group Consolidation: How to Calculate and Account for It in Your Group Accounts
When a group’s holding company acquires a controlling interest in another business, a new figure tends to appear on the…
How to Calculate Non-Controlling Interest (NCI) in Financial Consolidation
When a parent company acquires a controlling stake in another business but does not own 100% of it, the financial…