Miscellaneous 2009

Where are the cost setting rules in 2009 paper?

Source: National

Published Date: 1 May 2009

 

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The asset cost setting rules are the core of consolidation but there are surprises in their application. This paper reviews the fundamentals of the process with a focus on refreshing understanding and addressing issues that arise in practice including:

  • asset identification and allocation
  • goodwill and the accounting interface
  • what is a retained cost base asset?
  • revisiting previous settings
  • setting values on exit
  • emerging issues.

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Where are the cost setting rules in 2009?

Author(s): Michael Charles , Geoffrey Yiu

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2009

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