The requirements of AASB 128 relating to the equity method of accounting for investments in associates include:
A) Adjustments for impairment losses recognised by the associate.
B) The notional adjustment of the carrying amounts of the identifiable assets, liabilities and contingent liabilities of the associate to fair value.
C) The calculation of a notional goodwill or excess on acquisition that is not required to be separately disclosed.
D) The revision of depreciation expense based on the notional fair value of the identifiable assets at the time of acquisition.
E) All of the given answers.
Correct Answer:
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