Question: Explain the term pooling of interest method. What are the pre-conditions for adopting this method of accounting for amalgamation?

Explain the term pooling of interest method. What are the pre-conditions for adopting this method of accounting for amalgamation?

Step by Step Solution

3.56 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The pooling of interest method also known as the merger accounting for amalgamations is an accountin... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Financial Accounting Questions!