Economics · Accounting Standards
When a bargain purchase arises, IFRS 3 (Business Combinations) requires a reassessment of the calculation. Once confirmed, how should the gain from a bargain purchase be accounted for?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Shown as a direct deduction from total non-current assets
- 2Recognized immediately as a gain in profit or loss✓
- 3Capitalized and presented under non-current assets as negative goodwill
- 4Charged as an expense in profit or loss
Correct answer
Recognized immediately as a gain in profit or loss
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