CERTYNEX IFRS ACADEMY

The Sorelis group's annual periods end on 30 June. It acquires Kalinor on 1 March 20X1. At 30 June 20X1, the initial allocation of goodwill is not complete. By what date at the latest must it be completed?

31 December 20X1, the end of the calendar year following the acquisition.

28 February 20X2, one year after the acquisition date.

30 June 20X3, the end of the second annual period beginning after the acquisition date.

30 June 20X2.