Report on your recent business acquisition? Apply IFRS 3
In the case of a business acquisition, proper reporting is essential. Is your company reporting in accordance with IFRS yet? Then you need to apply IFRS 3 to account for all your business acquisition transactions.
There is a lot involved in a business acquisition. The purchase price allocation (PPA) allocates the acquisition price over the acquired assets and liabilities of which intangible assets such as customer relationships, brands and technologies. The non-allocated portion will be your goodwill..
Your auditor does not perform those tasks. So, rely on the support and experience of Finvision. We guide you through the process, prepare an expert valuation report together and defend it with your auditor. The result? A clearly aligned process that both parties pursue and that is compliant with IFRS.