Business Combination , Video No. 28. Contingent Consideration

Financial Reporting

Sir, What if the target is not met within the given time frame? How should we subsequently reverse the transaction? Kindly clarify. Thank You. Video Details ------------- Business Combination and Corporate Restructuring Business Combination and Corporate Restructuring #28. Contingent Consideration

Umayal Uma

CA Final

★ 2K+

28-Feb-24 07:31

280

Answers (1)

Subsequently there would be no liability. So write off the liability to P&L.

CA Suraj Lakhotia

Admin

28-Feb-24 09:27