Search results with tag "Guidance on accounting"

Business combinations (including common control transcations)

• Ind AS 103 provides guidance on accounting for business combinations under the acquisition method. A business combination is a transaction or other event in which a reporting entity (the acquirer) obtains control of one or more businesses (the acquiree). The date of acquisition is the date on which the acquirer obtains control of the acquiree.

  Business, Guidance, Accounting, Combination, Business combinations, Guidance on accounting