Accounting · Consolidated Financial Statements
Under International Financial Reporting Standards (IFRS 3), which of the following formulas correctly calculates the goodwill arising upon the acquisition of a subsidiary?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fair value of consideration paid - Fair value of non-controlling interest at acquisition - Fair value of net identifiable assets at acquisition date
- 2Fair value of consideration paid + Fair value of non-controlling interest at acquisition - Fair value of net identifiable assets at acquisition date✓
- 3Fair value of consideration paid - Fair value of non-controlling interest at acquisition + Fair value of net identifiable assets at acquisition date
- 4Fair value of consideration paid + Fair value of non-controlling interest at acquisition + Fair value of net identifiable assets at acquisition date
Correct answer
Fair value of consideration paid + Fair value of non-controlling interest at acquisition - Fair value of net identifiable assets at acquisition date
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