IFRS 3Chapter 4Lesson 1
Recognising the items acquired, separately from goodwill
Step 1 of 6Learning objectives
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At the acquisition date, the acquirer recognises, separately from goodwill, the identifiable assets, the liabilities assumed and any non-controlling interest, provided they meet the definitions and are part of the exchange; it classifies items under the conditions of that date.
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Learning objectives
- State what the acquirer recognises separately from goodwill and on what conditions.
- Apply the exchange condition and exclude what is not part of the combination.
- Recognise an identifiable intangible asset acquired.
- Classify or designate the items acquired under the conditions of the acquisition date.