Fair value and goodwill adjustments arising on the acquisition of an associate are recognised separately in the books of the investor.

Name: Fair value and goodwill adjustments arising on the acquisition of an associate are recognised separately in the books of the investor.
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Question

Quizplus · Accepted Answer

Fair value and goodwill adjustments arising on the acquisition of an associate are not recognised separately in the investor's books but are included in the carrying amount of the investment in the associate.

Fair Value and Goodwill Adjustments Arising on the Acquisition of an Associate