Consolidated Accounts

roy ramphul
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.

Comments

  • peugeot
    peugeot Registered Posts: 624 Epic contributor 🐘
    You take account of the share capital and reserves as the parent has acquired a % of the net assets.

    Kind regards
    Steve
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