CERTYNEX IFRS ACADEMY

Valtera, whose reporting date is 31 December, acquires Brisol on 1 October 20X1. The initial allocation of goodwill is not complete at 31 December 20X1. What is the deadline for completing it?

30 September 20X2, i.e. twelve months after the acquisition date.

31 December 20X2.

31 December 20X3, at the end of the second annual period after the acquisition.

31 December 20X1: no deferral beyond the period of the combination is possible.