Acquisition reporting (AASB3 business combinations)

Acquisition reporting (AASB3 business combinations)

The need for acquisition reporting An unlisted public company involved in the fast-moving consumer goods industry acquired a strategically-significant company and required a purchase price allocation to comply with AASB3 Business Combinations. The acquired company had...
Acquisition reporting (AASB3 business combinations)

Valuation for impairment testing (AASB136)

The need for valuation impairment testing Purchased goodwill reflected on the balance sheet of an ASX company is required by AASB136 to be recorded at an amount which is no more than recoverable amount. The goodwill of each Cash Generating Unit [“CGU”] must be...
Acquisition reporting (AASB3 business combinations)

Executive long term incentive plan (AASB2 Share based payment)

The need for an executive long term incentive plan Each year, an ASX300 company offers an executive long term incentive plan [“ELTIP”] to its senior executive team as part of their remuneration package. This is commonplace and ELTIP is one of three remuneration...
Acquisition reporting (AASB3 business combinations)

Case studies: Valuation Reports

Its not often we can share the work we do in a public fashion. Independent expert reports prepared for Chapter 6 of the Corporations Act and ASX listing rules are a rare exception. Here are two recent examples of work undertaken by the Peloton Corporate valuations...