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ifrslist said:
[New Post] Gain on Bargain Purchase (IFRS 3) – http://www.ifrslist.com/2010/05/gain-on-...
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# 13 May 2010 at 12:13 pm
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# 14 May 2010 at 1:01 am

patriciawalters said:
Gord:
I think it’s unlikely you are going to find one right now.
IFRS 3 (Revised) which introduces the idea of a gain on a bargain purchase is only effective for fiscal periods beginning on or after 1 July 2009. There may be a company or two that early adopted IFRS 3, but I don’t believe there would be many.
Financial statements for fiscal years beginning on or after 1 July 2009 won’t be available generally until the end of 2010, since most countries don’t require financial statements to be issued until between 3-6 mos after fiscal year end.
If I find one, I’ll try to remember you are looking.
Patricia
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