CERTYNEX IFRS ACADEMY

The Corvalis group acquires Lumetra in a business combination within the scope of IFRS 3. Part of the price pays for the collective experience of Lumetra's sales teams; according to the analysis performed under IFRS 3, this item cannot be recognised as an intangible asset. How is the corresponding amount accounted for?

It is recognised as an expense at the acquisition date, like any expenditure on an intangible item that cannot be recognised as an asset.

It forms part of the amount recognised as goodwill at the acquisition date.

It is recognised as a separate intangible asset, amortised over the average period of service of the sales staff.

It is charged directly to the group's equity at the acquisition date.