ACC302: Advanced Financial Reporting |
Research “Announcements” made by companies listed on the Singapore Exchange (“SGX”) pertaining to “Asset Acquisitions and Disposals” in the recent five years. Select one or more companies that had completed one or more business combinations involving subsidiaries.
Appraise their financial statements for one or more financial years subsequent to those business combinations.
For the company/is that you have selected, using extracts of “line items” from the face of the financial statements and “Notes to the Financial Statements” pertaining to consolidation of financial statements, outline the relevant accounting policies/treatment and include reference to the specific requirements of the SFRS(I)