Acquisition-related costs associated with a business combination, such as professional fees paid to accountants, legal advisers and other consultants, are considered part of the cost of acquisition.

Question

Quizplus · Accepted Answer

According to accounting standards such as IFRS 3 (Business Combinations), acquisition-related costs are expensed as incurred and not included in the cost of the acquisition.

Acquisition-Related Costs Associated with a Business Combination, Such as Professional