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AASB 3 allows two different methods in valuing NCI at the date of acquisition. In relation to this, (a) Briefly discuss how these two methods
AASB 3 allows two different methods in valuing NCI at the date of acquisition. In relation to this, (a) Briefly discuss how these two methods work. (5 marks) (b) Explain the effects of choosing one method over the other, on the amount of goodwill. (5 marks) (c) Evaluate if PCL has made the right choice. Why? (4 marks) 2. Prepare an acquisition analysis. Showing clearly if there is any control premium paid by PCL in acquiring SL. (6 marks) 3. Prepare all necessary consolidation worksheet entries, relevant for the preparation of the consolidated financial statement for PCL Group for the year ended 30 June 2024. (40 marks)
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