<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>IFRS LIST.com &#187; IFRS 3</title>
	<atom:link href="http://www.ifrslist.com/tag/ifrs-3/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ifrslist.com</link>
	<description>The Community about IAS/IFRS, International Accounting</description>
	<lastBuildDate>Sat, 04 Feb 2012 07:46:24 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
		<item>
		<title>IFRS 3 – Business Combination</title>
		<link>http://www.ifrslist.com/docs/ifrs-3-business-combination/</link>
		<comments>http://www.ifrslist.com/docs/ifrs-3-business-combination/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 08:19:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[DOCUMENTS]]></category>
		<category><![CDATA[IFRS 3 Business Combinations]]></category>
		<category><![CDATA[IAS-IFRS STANDARDS]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/docs/?p=22</guid>
		<description><![CDATA[List of useful info, resources and documents available on other websites about IFRS 3 – Business Combination. Summary of IFRS 3 – IASPlus A guide to IFRS 3 (Deloitte 2008) Business Combination and changes in ownership interest Full Text of the IF...


Related posts:<ol><li><a href='http://www.ifrslist.com/docs/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 – Business Combination'>IFRS 3 – Business Combination</a></li>
<li><a href='http://www.ifrslist.com/docs/ias-2-inventory/' rel='bookmark' title='Permanent Link: IAS 2 – Inventory'>IAS 2 – Inventory</a></li>
<li><a href='http://www.ifrslist.com/docs/ias-18-revenue/' rel='bookmark' title='Permanent Link: IAS 18 – Revenue'>IAS 18 – Revenue</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/docs/ifrs-3-business-combination/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 3 – Business Combination</title>
		<link>http://www.ifrslist.com/docs/ifrs-3-business-combination/</link>
		<comments>http://www.ifrslist.com/docs/ifrs-3-business-combination/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 08:19:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[DOCUMENTS]]></category>
		<category><![CDATA[IFRS 3 Business Combinations]]></category>
		<category><![CDATA[IAS-IFRS STANDARDS]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/docs/?p=22</guid>
		<description><![CDATA[List of useful info, resources and documents available on other websites about IFRS 3 – Business Combination. Summary of IFRS 3 – IASPlus A guide to IFRS 3 (Deloitte 2008) Business Combination and changes in ownership interest Full Text of the IF...


Related posts:<ol><li><a href='http://www.ifrslist.com/docs/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 – Business Combination'>IFRS 3 – Business Combination</a></li>
<li><a href='http://www.ifrslist.com/docs/ias-2-inventory/' rel='bookmark' title='Permanent Link: IAS 2 – Inventory'>IAS 2 – Inventory</a></li>
<li><a href='http://www.ifrslist.com/docs/ias-18-revenue/' rel='bookmark' title='Permanent Link: IAS 18 – Revenue'>IAS 18 – Revenue</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/docs/ifrs-3-business-combination/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS Implementation-cum-Global Qualification on 3rd July 2011 in New Delhi</title>
		<link>http://www.ifrslist.com/2011/06/21/ifrs-implementation-cum-global-qualification-on-3rd-july-2011-in-new-delhi/</link>
		<comments>http://www.ifrslist.com/2011/06/21/ifrs-implementation-cum-global-qualification-on-3rd-july-2011-in-new-delhi/#comments</comments>
		<pubDate>Tue, 21 Jun 2011 09:23:03 +0000</pubDate>
		<dc:creator>rajeshb</dc:creator>
				<category><![CDATA[TRAINING]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 21]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 38]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IASB]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[IFRS 7]]></category>
		<category><![CDATA[IFRS COURSES]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=2918</guid>
		<description><![CDATA[For finance and accounts professionals looking for an effective training on IFRS with special focus to India implementation.


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-training-centre-for-ifrs-course-of-accai/' rel='bookmark' title='Permanent Link: Training centre for IFRS course of ACCAI?'>Training centre for IFRS course of ACCAI?</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/what-is-this-acca/' rel='bookmark' title='Permanent Link: What is this ACCA?'>What is this ACCA?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/implementation-of-ifrs-in-india/' rel='bookmark' title='Permanent Link: Implementation of IFRS in India'>Implementation of IFRS in India</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2011/06/21/ifrs-implementation-cum-global-qualification-on-3rd-july-2011-in-new-delhi/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Speculative trading position on accrual accounted asset?</title>
		<link>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/</link>
		<comments>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 11:01:58 +0000</pubDate>
		<dc:creator>BD_83</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[SPECULATIVE TRADING]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1594</guid>
		<description><![CDATA[Hello all,
We have several positions of ‘commodity storages’ in our portfolio (oil storage tanks, underground gas storages, coal reserves…). These storages are considered as assets and are valued at a typical average winter/summer commodity spread (buy summer, sell winter). The complete portfolio is accounted using the “accrual” method. Within the trading business these spreads are also referred to as intrinsic value of a storage.
We are considering trading positions on these assets in the future&#8230; This implies that traders should be possible to take daily &#8217;speculative&#8217; positions on assets assigned in our physical ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/03/10/how-to-account-intragroup-trading-under-business-combination/' rel='bookmark' title='Permanent Link: How to account intragroup trading under Business combination'>How to account intragroup trading under Business combination</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
<li><a href='http://www.ifrslist.com/2010/01/09/latest-ias-39-treatment-on-forward-contracts/' rel='bookmark' title='Permanent Link: Latest IAS 39 treatment on forward contracts'>Latest IAS 39 treatment on forward contracts</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Assessing for Impairment Indicators on Transition Date</title>
		<link>http://www.ifrslist.com/2009/10/05/assessing-for-impairment-indicators-on-transition-date/</link>
		<comments>http://www.ifrslist.com/2009/10/05/assessing-for-impairment-indicators-on-transition-date/#comments</comments>
		<pubDate>Mon, 05 Oct 2009 20:16:05 +0000</pubDate>
		<dc:creator>gordonheard</dc:creator>
				<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[IAS 36]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[impairment]]></category>
		<category><![CDATA[IMPAIRMENT INDICATORS]]></category>
		<category><![CDATA[IMPAIRMENT TEST]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1451</guid>
		<description><![CDATA[Question for anyone that has dealt with this issue:
As at its transition date, a company will need to review its assets (CGUs) for indicators of impairment. Some of the indicators suggested in IAS 36 refer to &#8220;the period&#8221;. Some indicators are current &#8211; as of that date.
I have assumed that &#8220;the period&#8221; refers to the previous annual period. This assumption is based on&#8221; (a) the fact that for a regular year, the period would refer to the previous annual period, and (b) IFRS 1 indicates that the same estimates used ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/02/05/impairment-for-mining-companies-ee-assets/' rel='bookmark' title='Permanent Link: Impairment for Mining Companies (E&amp;E assets)'>Impairment for Mining Companies (E&amp;E assets)</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-1640-on-date-of-transition/' rel='bookmark' title='Permanent Link: IAS 16/40 on date of transition'>IAS 16/40 on date of transition</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/' rel='bookmark' title='Permanent Link: Impairment Goodwill'>Impairment Goodwill</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/10/05/assessing-for-impairment-indicators-on-transition-date/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 3 &#8211; Business Combination</title>
		<link>http://www.ifrslist.com/2009/05/18/ifrs-3-business-combination-2/</link>
		<comments>http://www.ifrslist.com/2009/05/18/ifrs-3-business-combination-2/#comments</comments>
		<pubDate>Mon, 18 May 2009 07:18:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1303</guid>
		<description><![CDATA[Dear All,
My question is that, in a situation of  merger or business combination, where the structure is such that a new company A is formed to take over the businesses of B and C. 
The question is whether IFRS 3 Business Combinations is applicable in this case as practically the entire IFRS 3 is based on an Acquirer and an Acquiree which are not present in this structure.    
Thanks 
Zuhar


Related posts:IFRS 3 – Business Combination
IFRS 3 – Business Combination
IFRS 3 Business Combination



Related posts:<ol><li><a href='http://www.ifrslist.com/docs/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 – Business Combination'>IFRS 3 – Business Combination</a></li>
<li><a href='http://www.ifrslist.com/docs/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 – Business Combination'>IFRS 3 – Business Combination</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 Business Combination'>IFRS 3 Business Combination</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/05/18/ifrs-3-business-combination-2/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Consolidation &#8211; IFRS</title>
		<link>http://www.ifrslist.com/2009/05/15/consolidation-ifrs/</link>
		<comments>http://www.ifrslist.com/2009/05/15/consolidation-ifrs/#comments</comments>
		<pubDate>Fri, 15 May 2009 12:26:03 +0000</pubDate>
		<dc:creator>chirag_d</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[NEGATIVE GOODWILL]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1295</guid>
		<description><![CDATA[Dear All,
Please let me know the treatment of Existing negative goodwill incase of first time adoption of IFRS
Regards
Chirag


Related posts:Consolidation &#8211; Goodwill related questions
Entries &#8211; Consolidation of financial statements
Is offsetting of positive goodwill against negative goodwill allowed in consolidation?



Related posts:<ol><li><a href='http://www.ifrslist.com/2009/05/14/consolidation-goodwill-related-questions/' rel='bookmark' title='Permanent Link: Consolidation &#8211; Goodwill related questions'>Consolidation &#8211; Goodwill related questions</a></li>
<li><a href='http://www.ifrslist.com/2009/04/11/entries-consolidation-of-financial-statements/' rel='bookmark' title='Permanent Link: Entries &#8211; Consolidation of financial statements'>Entries &#8211; Consolidation of financial statements</a></li>
<li><a href='http://www.ifrslist.com/2010/06/08/is-offsetting-of-positive-goodwill-against-negative-goodwill-allowed-in-consolidation/' rel='bookmark' title='Permanent Link: Is offsetting of positive goodwill against negative goodwill allowed in consolidation?'>Is offsetting of positive goodwill against negative goodwill allowed in consolidation?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/05/15/consolidation-ifrs/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Consolidation &#8211; Goodwill related questions</title>
		<link>http://www.ifrslist.com/2009/05/14/consolidation-goodwill-related-questions/</link>
		<comments>http://www.ifrslist.com/2009/05/14/consolidation-goodwill-related-questions/#comments</comments>
		<pubDate>Thu, 14 May 2009 15:00:54 +0000</pubDate>
		<dc:creator>zodakreza</dc:creator>
				<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[GOODWILL]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1292</guid>
		<description><![CDATA[Hi all,
Can you please help me with the following queries. Thanks in advance!
1. Goodwill &#8211; On consolidation, is it possible to actually increase goodwill figures or can goodwill only be reduced/impaired?
2. IFRS 3 states that negative goodwill is to be credited to the income statement. So if we CR Income, what&#8217;s the other double entry?
Apologies if the questions are basic!
Thanks


Related posts:Is offsetting of positive goodwill against negative goodwill allowed in consolidation?
Goodwill under SFAS 142
Consolidation &#8211; IFRS



Related posts:<ol><li><a href='http://www.ifrslist.com/2010/06/08/is-offsetting-of-positive-goodwill-against-negative-goodwill-allowed-in-consolidation/' rel='bookmark' title='Permanent Link: Is offsetting of positive goodwill against negative goodwill allowed in consolidation?'>Is offsetting of positive goodwill against negative goodwill allowed in consolidation?</a></li>
<li><a href='http://www.ifrslist.com/2009/02/20/goodwill-under-sfas-142/' rel='bookmark' title='Permanent Link: Goodwill under SFAS 142'>Goodwill under SFAS 142</a></li>
<li><a href='http://www.ifrslist.com/2009/05/15/consolidation-ifrs/' rel='bookmark' title='Permanent Link: Consolidation &#8211; IFRS'>Consolidation &#8211; IFRS</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/05/14/consolidation-goodwill-related-questions/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Business Combinations, Consolidation (IFRS 3 and IAS 27) literature</title>
		<link>http://www.ifrslist.com/2009/03/19/business-combinations-consolidation-ifrs-3-and-ias-27-literature/</link>
		<comments>http://www.ifrslist.com/2009/03/19/business-combinations-consolidation-ifrs-3-and-ias-27-literature/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 22:01:12 +0000</pubDate>
		<dc:creator>spcboarder</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[Business Combinations]]></category>
		<category><![CDATA[IAS 27]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1222</guid>
		<description><![CDATA[
Hello, 

I am an Austrian student and I would like to write about consolidation. More specifically I am going to write a comparison between full consolidated corporations and consolidation at equity. As far as I know, equity consolidation exists as term in german, but not in English. In English it is referred to as elimination of balances according to IAS 27 debt consolidation. IFRS 3 – Business Combinations is going to be relevant for me as well. 
 
I am in the need of some good literature to read up ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/05/18/ifrs-3-business-combination-2/' rel='bookmark' title='Permanent Link: IFRS 3 &#8211; Business Combination'>IFRS 3 &#8211; Business Combination</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/cost-directly-attributable-to-the-business-combinations/' rel='bookmark' title='Permanent Link: COST DIRECTLY ATTRIBUTABLE TO THE BUSINESS COMBINATIONS'>COST DIRECTLY ATTRIBUTABLE TO THE BUSINESS COMBINATIONS</a></li>
<li><a href='http://www.ifrslist.com/2010/09/01/loss-making-subsidiaries-consolidation/' rel='bookmark' title='Permanent Link: loss making subsidiaries &#8211; consolidation'>loss making subsidiaries &#8211; consolidation</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/03/19/business-combinations-consolidation-ifrs-3-and-ias-27-literature/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Investment decision</title>
		<link>http://www.ifrslist.com/2008/12/15/investment-decision/</link>
		<comments>http://www.ifrslist.com/2008/12/15/investment-decision/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:30:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 27]]></category>
		<category><![CDATA[IAS 28]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-investment-decision/</guid>
		<description><![CDATA[Dear Every one,

Can any one help to solve the following problems:
   
Say, XY is a joint venture company between X &#38; Y with 70:30 proportion with issued capital of  $100. Now, Y intends to offload its share to Z company for a consideration of $ 80.
Now the question is how this investment would be shown in Z company&#8217;s F/S and which IAS/IFRS will cover this transaction ?
 
Also can any one share reconciliation between IFRS and US GAAP F/S ?
 
Advance thanks to every one
 
 
MM


Hi there,

My answer would be the following:
Y has a ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/' rel='bookmark' title='Permanent Link: Where can I find pdf copy of US GAAP and US GAAP APB?'>Where can I find pdf copy of US GAAP and US GAAP APB?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-equity-accounting/' rel='bookmark' title='Permanent Link: Equity accounting.'>Equity accounting.</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/investment-decision/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Acquisition accounting</title>
		<link>http://www.ifrslist.com/2008/12/15/acquisition-accounting/</link>
		<comments>http://www.ifrslist.com/2008/12/15/acquisition-accounting/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:28:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[INTERNAL AUDIT]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-acquisition-accounting/</guid>
		<description><![CDATA[Dear all,
I have a question in relation to acquisition accounting in accordance with
IFRS3. In this case a parent company A acquires all the shares in
subsidiary company B for (say) 50M. This cost price represents a goodwill
over the fair value of the assets and libailities assumed of 15M. Where
should I record the 15M goodwill? Is this in the subsidiary company B or
in parent company A?


Based on IAS21, p. 47, I would say in the sub.
All the best, Farah

L&#8217;adresse e-mail de votre correspondant a changé. Elle devient:  prenom.nom@gdfsuez.com
Nous vous remercions de bien ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-goodwill-minority-calculation/' rel='bookmark' title='Permanent Link: Goodwill &#38; Minority calculation'>Goodwill &#38; Minority calculation</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-equity-accounting/' rel='bookmark' title='Permanent Link: Equity accounting.'>Equity accounting.</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-27-query/' rel='bookmark' title='Permanent Link: IAS-27 query'>IAS-27 query</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/acquisition-accounting/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 32/39 (No) Hedge accounting</title>
		<link>http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/</link>
		<comments>http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:26:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[HEDGE]]></category>
		<category><![CDATA[HEDGE ACCOUNT]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRIC]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-ifrs-3239-no-hedge-accounting/</guid>
		<description><![CDATA[Dear all,
 
An answer to the following question would be much appreciated:
 
If no hedge accounting is applied, should all changes in fair value of derivatives be recognized as financial income or expense (so below operating result) or is recording of the change in fair value within operating result allowed?
 
 
Further, does anyone have one clear memo, including example journal entries of the various possble accounting issues (cf hedge, fv hedge net investment in foreign operation) applying hedge accounting and not-applying hedge accounting and if possible, all other accounting (including journal entries) not applying ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/futures-options/' rel='bookmark' title='Permanent Link: Futures / options'>Futures / options</a></li>
<li><a href='http://www.ifrslist.com/2010/03/26/hedge/' rel='bookmark' title='Permanent Link: Hedge Accounting'>Hedge Accounting</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/' rel='bookmark' title='Permanent Link: Where can I find pdf copy of US GAAP and US GAAP APB?'>Where can I find pdf copy of US GAAP and US GAAP APB?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Exceptional Items vs. Extraordinary Items</title>
		<link>http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/</link>
		<comments>http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:23:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IFRS 2]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[NON-RECURRING ITEMS]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-re-ifrs-list-exceptional-items-vs-extraordinary-items/</guid>
		<description><![CDATA[Any one please clarify me this&#8230;.
Hari


Hi Team,
Will any one clarify the difference between Exceptional Items &#38;
Extraordinary Items?
With reference to IFRS what is the disclosure policy for the both.
Thanks &#38; Regards,
Hari


Hi Hari,
to my understanding according to IAS 1 there was for several years the
possibility to show extraordinary items in the P+L (IAS 1.85). Since
2004 this seems to be no longer allowed according to Dr. David
Grünberger who is member in the Accounting Regulatory Committee in
Brussels which decides upon the endorsement of new IAS/IFRS standards
within the EU. According to US-GAAP extraordinary items are ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/please-give-me-an-idea-how-to-treat/' rel='bookmark' title='Permanent Link: PLEASE GIVE ME AN IDEA HOW TO TREAT?'>PLEASE GIVE ME AN IDEA HOW TO TREAT?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Effective date of business combination</title>
		<link>http://www.ifrslist.com/2008/08/28/effective-date-of-business-combination/</link>
		<comments>http://www.ifrslist.com/2008/08/28/effective-date-of-business-combination/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:28:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[EFFECTIVE DATE]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-effective-date-of-business-combination/</guid>
		<description><![CDATA[Suppose Entity A acquires Entity B in a business combination and all the considerations have been completed by 31 December 2007 except that government approval which was still pending as at year end. Should entity A consolidate Entity B as at 31 December 2007?

Regards,

Nyasha 






I believe the answer lies in the issue of control. If the acquirer still does not have control, i.e. voting rights, directorship, active management, no consolidation should be done until Control is obtained. In the meantime, the Acquirer can book in the investments in subs as ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/ifrs-3-business-combination/' rel='bookmark' title='Permanent Link: IFRS 3 Business Combination'>IFRS 3 Business Combination</a></li>
<li><a href='http://www.ifrslist.com/2009/03/10/how-to-account-intragroup-trading-under-business-combination/' rel='bookmark' title='Permanent Link: How to account intragroup trading under Business combination'>How to account intragroup trading under Business combination</a></li>
<li><a href='http://www.ifrslist.com/2009/05/18/ifrs-3-business-combination-2/' rel='bookmark' title='Permanent Link: IFRS 3 &#8211; Business Combination'>IFRS 3 &#8211; Business Combination</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/effective-date-of-business-combination/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 3 Business Combination</title>
		<link>http://www.ifrslist.com/2008/08/28/ifrs-3-business-combination/</link>
		<comments>http://www.ifrslist.com/2008/08/28/ifrs-3-business-combination/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:12:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[IFRS 3]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-ifrs-3-business-combination/</guid>
		<description><![CDATA[
Dear All,
one of our Client has purchased a 100 % interest in a Subsidiarywhich is loss Making&#8230;
 
He has passed the following entry in their own books
 
Goodwill DR                120,000
Investment CR                          20,000       (Equity of subsidiary)
Payable to subsidiary              100,000        (purchase price)
 
My question is can Investment AC be -VE at initiation. and as far as i remember the initial recognition of an asset should be at its cost.and my plea to the Client is that the entry should be
 
Investment DR 100,000
                 Payable           100,000
and goodwill be shown in Consolidated ACs.
 
Kindly comment&#8230;.and correct me if i am wrong.
 
Regards
I ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/effective-date-of-business-combination/' rel='bookmark' title='Permanent Link: Effective date of business combination'>Effective date of business combination</a></li>
<li><a href='http://www.ifrslist.com/2009/03/10/how-to-account-intragroup-trading-under-business-combination/' rel='bookmark' title='Permanent Link: How to account intragroup trading under Business combination'>How to account intragroup trading under Business combination</a></li>
<li><a href='http://www.ifrslist.com/2009/12/28/fixed-asset-capilization/' rel='bookmark' title='Permanent Link: Fixed Asset Capilization'>Fixed Asset Capilization</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/ifrs-3-business-combination/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deemed sale of subsidiary</title>
		<link>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:09:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CASH FLOW STATEMENT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 27]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/</guid>
		<description><![CDATA[Dear all,

Good day!

A holding company had a subsidiary which is 100% owned. In 6 March 2006, the subsidiary issued new shares from $2 to $50,000 which changed the shareholdings from 100% to 40%.  As I read this is considered as deemed sale. The year ended of the holding company and the subsidiary is 31 December 2006.


These are my queries:

In view of the Holding company, how much is the equity take up considering the date of deemed sale?

In view of the holding company, how to compute for the gain/loss of the deemed ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/08/05/sale-of-subsidiary/' rel='bookmark' title='Permanent Link: Sale of subsidiary'>Sale of subsidiary</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deferred Taxes</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-deferred-taxes/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-deferred-taxes/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:41:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[DEFERRED TAX]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[INTANGIBLE ASSETS]]></category>
		<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-deferred-taxes/</guid>
		<description><![CDATA[Hello All
 
I am working on PPA Valuations for IFRS 3.
I have following two queries:
 

I want to understand the treatment of Deferred Taxes i.e. how are they calculated and accounted for, and whether deferred tax liability needs to be reduced from Purchase Price while calculating Goodwill.
How is tax amortization benefit calculated in valuation of intangible assets? If my intangible asset has a remaining life of say just 4 years, what should be my amortization period?

 
Kindly advise.
 
Thanks and Regards,
 
Tejal.
 


Deffered Tax is to be considered in PPA excercise


Shabi 




Related posts:Deferred Tax calculation
Calculation of ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/deferred-tax-calculation/' rel='bookmark' title='Permanent Link: Deferred Tax calculation'>Deferred Tax calculation</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/calculation-of-deferred-tax/' rel='bookmark' title='Permanent Link: Calculation of deferred tax'>Calculation of deferred tax</a></li>
<li><a href='http://www.ifrslist.com/2010/07/21/revenue-recognition-for-taxesservice-taxes/' rel='bookmark' title='Permanent Link: Revenue recognition for taxes/service taxes'>Revenue recognition for taxes/service taxes</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-deferred-taxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interest rate Swaps</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-interest-rate-swaps/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-interest-rate-swaps/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:16:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[DIVIDEND]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[IFRS 7]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-interest-rate-swaps/</guid>
		<description><![CDATA[Hi,
What disclosures does a company need to give for Interest rate swaps and which standards are applicable for this.
Thanks
Aneel



 



Hi Prethy

 

Actually available for sale is an open category that means that if company did not decide where to classify it can be classified as  available for sale. However for held for trading investments are bought to resell for short term gain rather to earn dividend but available for sale normally includes investment which are not held for short term gain rather which are carried for earning long term capital gain or dividend ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
<li><a href='http://www.ifrslist.com/2009/02/21/interest-rate-swap/' rel='bookmark' title='Permanent Link: Interest Rate Swap'>Interest Rate Swap</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-interest-rate-swaps/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 38</title>
		<link>http://www.ifrslist.com/2008/08/27/ifrs-38/</link>
		<comments>http://www.ifrslist.com/2008/08/27/ifrs-38/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 20:50:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[INTANGIBLE ASSETS]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/27/fwd-ifrs-list-ifrs-38/</guid>
		<description><![CDATA[
Hi&#8230;
 
Anyone can help me about intangible assets?
 
Documents, e-books, &#8230;
 
thank&#8217;s and enjoy the weekend!
 
Daniel





You need to be a little more specific on your question.  
-Sonny









Hi Daniela,
 
www.answer.com and www.wykipedia would give you details and examples.
 
e.i. bons, shares,



 
U CAN VISIT www.intangiblebusiness.com


Related posts:Investment decision
Fwd: [IFRS List] IFRS 7 disclosures
Exceptional Items vs. Extraordinary Items



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/investment-decision/' rel='bookmark' title='Permanent Link: Investment decision'>Investment decision</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-ifrs-7-disclosures/' rel='bookmark' title='Permanent Link: Fwd: [IFRS List] IFRS 7 disclosures'>Fwd: [IFRS List] IFRS 7 disclosures</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/' rel='bookmark' title='Permanent Link: Exceptional Items vs. Extraordinary Items'>Exceptional Items vs. Extraordinary Items</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/27/ifrs-38/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Asset held for resale</title>
		<link>http://www.ifrslist.com/2008/08/27/asset-held-for-resale/</link>
		<comments>http://www.ifrslist.com/2008/08/27/asset-held-for-resale/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 20:46:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[HELD TO MATURITY]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[IFRS 7]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/27/fwd-ifrs-list-asset-held-for-resale/</guid>
		<description><![CDATA[
Hi, 

 
My name is Aashima Tandon. Can anybody tell me what exactly is asset held for sale and negative goodwill? What 


Hi there,
sale?



Assets held for sale include assets (or groups of
assets to be disposed of) whose carrying amount will
be recovered principally through a sale transaction
rather than through continuing use.
What would be its treatment?
In accordance with IFRS (IFRS 5), discontinued
operations/assets held for sale are measured
at the lower of their carrying amount or fair value
less costs to sell.
Discontinued operations/assets held for sale are
presented in the financial statements as follows:
• On the balance ...


Related posts:<ol><li><a href='http://www.ifrslist.com/docs/ifrs-5-%E2%80%93-non-current-assets-held-for-sale-and-discontinued-operations/' rel='bookmark' title='Permanent Link: IFRS 5 – Non-current Assets Held for Sale and Discontinued Operations'>IFRS 5 – Non-current Assets Held for Sale and Discontinued Operations</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-interest-rate-swaps/' rel='bookmark' title='Permanent Link: Interest rate Swaps'>Interest rate Swaps</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/27/asset-held-for-resale/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

