Business combinations create long-term reporting problems when goodwill is misunderstood. This session explains how acquisitions should be accounted for and why errors last for years.
R345,00 VAT incl.
Business combinations often look straightforward at the transaction date, but accounting mistakes follow for years. Goodwill is overstated. Impairment is ignored. Disclosures are weak. This session focuses on how Section 19 of IFRS for SMEs applies when businesses are acquired or merged. Attention is given to identifying the transaction correctly, measuring consideration, and calculating goodwill accurately. Understanding how goodwill behaves after the acquisition date is critical to avoiding overstated assets and future surprises. This session strengthens confidence in dealing with acquisitions and ensures that business combinations are reflected clearly, consistently, and defensibly.
Prof. Cobus Rossouw
Associate Professor in Financial Accounting at the University of the Free State. Specialises in IFRS and the IFRS for SME’s, with a focus on research and professional training for accountants.
The following event is awarded 3 CPD units in Accounting.
+27 (0) 12 643 1800/2/4 ciba@myciba.org www.myciba.org
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