Question
Find the 2022 Audited Annual Financial Statements and Annual Information form of West Fraser Timber Co. Ltd. (both filed on Feb 15, 2022), read it
Find the 2022 Audited Annual Financial Statements and Annual Information form of West Fraser Timber Co. Ltd. (both filed on Feb 15, 2022), read it carefully and highlight anything related to its acquisition of Norbord Inc. Prepare a report with the following three sections: 1. Overview of the acquisition of Norbord Inc. 2. A detailed analysis of accounting for business combination regarding the acquisition of Norbord Inc (can be done in a table format) How did West Fraser accountants account for each element (each asset and liability acquired) of the transaction? How is each element consistent with IFRS and with what we learned from the textbook? Whether or not other choices could have been available or not for each element? 3. Your conclusion as to whether what we learn in class applies in real life.
you should look for "2022 Audited Financial Statements and Annual Information form of West Fraser Timber Co. Ltd filed on Feb 15, 2022". And to clarify: These forms are for fiscal year 2021, not 2022.
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