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I have selected two companies listed in the Australian security exchange ( ASX ) that is Mercury NZ limited and copper search limited . widely
I have selected two companies listed in the Australian security exchangeASXthat is Mercury NZ limited and copper search limitedwidely explain following questions aWhat goodwill method is followed by both companies?
bHow goodwill or gain on bargain purchase is calculated and disclosed both companies
cHow revaluation of assets of the subsidiary is done both companies in this regard, if any,
dHow impairment of goodwill is tested both companies, if any.
eHow noncontrolling interest NCIis calculated and disclosed in the consolidated by both companies
financial statements.
fWhether NCI shares any goodwill or not under the goodwill method applied by both companies
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