Accounting standard
This query is : Resolved
10 January 2015
Hi, I am going thru AS-14 and as per pooling interest method any difference between share capital of transferor co. And share issued by transferee co.(including fractional share to whom cash paid) is adjusted in reserve. Does it mean there will not be any goodwill in any case if transaction is termed as merger as per AS-14?
10 January 2015
Yes because there are no adjustments made to the value of assets and liabilities as per AS 14 (para 3e v)
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