question archive As per business combination standard, in case of step acquisition existing investment is measured at fair vale

As per business combination standard, in case of step acquisition existing investment is measured at fair vale

Subject:AccountingPrice: Bought3

As per business combination standard, in case of step acquisition existing investment is measured at fair vale. Take an example existing investment is accounted using equity method and carrying value of the same is USD Negative 8K (Due to share in losses). How fair value will be determined.

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