So why again are we learning that pooling method

apart from adding stupid stuff to their curriculum, what’s the point? it’s not like Im gonna demerge some companies in my lifetime

Dunno - I guess it’s just to recognize when it has been used somewhere and that it makes everything look better than purchase??

because CFAI said so

because you have to retroactively restate when using pooling, so you might run into it looking at historical financials

some of the companies used it so you can understand prior mergers anyways sucks to use that much time for that little

does IFRS allow it? i dont think so but not 100%

no…pooling is no longer used under IFRS or GAAP

It’s because they like it as a subject for the exam. Practical relevance is not their argument here.