SAICA APC
SAICA Assessment of Professional Competence (APC)
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A listed entity in South Africa acquires a 75% interest in Subsidiary B for R150 million cash. At acquisition date, Subsidiary B's identifiable net assets have a fair value of R160 million. NCI is measured using the proportionate share method under IFRS 3. What is the goodwill recognized in the consolidated financial statements?
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