Consolidated Accounts

roy ramphul
Registered Posts: 38 Regular contributor ⭐ 😼 ⭐
I was wondering if a parent aquires shares in the subsidary company, is goodwill calculated on the Share Capital of the Subsidary, or is it calculated on the Share capital and Reserves.
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Comments
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You take account of the share capital and reserves as the parent has acquired a % of the net assets.
Kind regards
Steve0