Скачать или смотреть Group Accounts: 100% Acquisition on Date of Incorporation with Negative Goodwill Explained

This video provides an in-depth academic explanation of Group Accounts in a situation where a parent company acquires 100% of the shares of a subsidiary on the date of incorporation, resulting in negative goodwill (bargain purchase).
‎The tutorial systematically examines the principles of consolidation under IFRS 3 – Business Combinations and IFRS 10 – Consolidated Financial Statements, highlighting the treatment and implications of acquiring a subsidiary immediately upon its incorporation.
‎Key Learning Objectives:
‎Understand the concept of group accounts where full ownership (100%) is acquired.
‎Explain the impact of acquisition on the date of incorporation and why there is no pre-acquisition profit.
‎Analyze the causes and accounting treatment of negative goodwill (bargain purchase gain).
‎Prepare the consolidated statement of financial position (SOFP) in accordance with IFRS requirements.
‎Apply the concepts through a practical numerical illustration with clear step-by-step workings.
‎This lesson is particularly useful for students preparing for professional examinations such as ICAN, ACCA, or university-level financial reporting courses, providing both conceptual clarity and applied understanding.
‎📖 References:
‎IFRS 3: Business Combinations
‎IFRS 10: Consolidated Financial Statements
‎#GroupAccounts #NegativeGoodwill #IFRS3 #IFRS10 #FinancialReporting #BusinessCombinations #Consolidation #AccountingEducation #ACCA #ICAN
‎#Balancesheet #Dateofacquisition #Financialstatement #Dateofconsolidation #Acquireer #Acquiree #Positivegoodwill #Incoporation #Dateofincorporation