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GROUPS ACCOUNTING - IFRS 3 (BUSINESS COMBINATIONS)

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IFRS 3 — Business Combinations deals with the accounting treatment and initial determination of the value attached to the subsidiary being acquired on the date of acquisition.
This standard deals with the methods of accounting for business combinations and their effects on consolidation, including goodwill (or gain on bargain purchase) arising on a business combination.
This standard deals with the methods of accounting for business combinations and their effects on consolidation, including goodwill (or gain on bargain purchase) arising on a business combination.
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