Purchase of a Business by a Company: IFRS 3 & Goodwill

Last reviewed: July 2026. A purchase of a business by a company can be a business combination under IFRS 3 or an acquisition of assets t...

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Goodwill vs Intangible Assets: IFRS 3 and IAS 38

Last reviewed: July 2026. Goodwill and intangible assets are both non-physical, but they are not interchangeable. Identifiable intangible ...

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Goodwill and Pre-Acquisition Profits: Consolidation Example

Last reviewed: July 2026. In consolidated accounts, acquisition-date net assets determine goodwill, while only post-acquisition profits co...

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Goodwill on Consolidation: Formula, Calculation and Example

Goodwill on consolidation arises when an acquirer obtains control of a business and the consideration transferred, non-controlling interest...

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Consolidation Process: Eliminations, NCI and Goodwill

Last reviewed: July 2026. Consolidation Process: Eliminations, NCI and Goodwill shows how separate financial statements are transformed i...

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Goodwill Accounting under IFRS 3 and IAS 36 Explained

Last reviewed: July 2026. Goodwill in IFRS financial statements normally arises when one entity acquires control of a business and the c...

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