I have at least 5 different formulas for calculating goodwill and get more and more confused with every new formula.
-
What are the differences between IFRS and U.S. GAAP - all I know is GAAP requires full GW on acquisitions - MV - Identifiable net assets. IFRS allows partial.
-
Is that the same under the equity method?
-
What is BV of identifiable net assets since all vignettes give you different financial statements?
-
How do we calculate FMV adjustment - (BV of PPE - FMV of PPE) * (% ownership) … OR … (% ownership) * indetifiable net assets??
Total mess…