IFRS for SMEs / Section 19: Business Combinations and Goodwill
Section 19: Business Combinations and Goodwill
Section 19 covers the acquisition of a business and the goodwill that arises. The third edition aligns it more closely with full IFRS.
Disclosures to look for
- 19.38 Disclosures for each business combination and a reconciliation of goodwill.
Third edition
Section 19 in the third edition: business combinations
How Sight applies it
Business combination accounting is not automated.
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