• Register
Search Questions / Answers

Welcome to AccountantAnswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login in few seconds

Get AccountantAnswer App

EMD for acquisition of Subsidiary company


A Government company participated in bid for acquisition of Subsidiary companies and have submitted EMD which will be treated as share subscription amount of bid is sucessful. How to treat this EMD in books , as other financial asset or as part of Investment. Will situation changes if on reporting date although deal is not finalized but this is confirmed that bid submitted is highest and Government company will acquire those companies as Subsidiary in future date.

asked Apr 10 in General IFRS Discussion by Pawan Kumar

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.


...