Advanced Corporate Accounting by University Of Calicut
Download Advanced Corporate Accounting by University Of Calicut book free online – from Advanced Corporate Accounting by University Of Calicut book; Objectives of this note is to provide theoretical knowledge of International Financial Reporting Standards and to enable the students to gain ability to solve problems relating to Holding Company Accounts, Liquidation of Companies and various other Accounts. Topics covered includes: International Financial, Reporting Standards, Accounts of Holding Companies,
This states that all business combinations are accounted for using purchase accounting, with limited exceptions. A business combination is to bringing together of separate entities or business into one reporting entity. A business can be operated
managed for the purpose of providing return to investors or lower costs. An entity in its development stage can meet the definition of a business. In some cases the legal subsidiary is identified as the acquirer for accounting purposes (reverse
acquisition).The date of acquisition is the date on which effective control is transferred to the acquirer. The cost of acquisition is the amount of cash equivalents paid, plus the fair value of other purchase considerations given, plus any cost directly attributable to the acquisition.
International Accounting Standards Board is an independent, privately – funded accounting standard setter based in London. Contributors include major accounting firms, private financial institutions, industrial companies throughout the world, central and development banks, and other international and professional organisations.