AASB 3 Business Combinations requires disclosure of 'a qualitative description of the factors that make up goodwill recognised,such as expected synergies from combining operations of the acquiree and the acquirer,intangible assets that do not qualify for separate recognition or other factors'.

Question

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AASB 3 Business Combinations does require disclosure of a qualitative description of the factors that make up goodwill recognized, including expected synergies and intangible assets that do not qualify for separate recognition, among other factors.

AASB 3 Business Combinations Requires Disclosure of 'A Qualitative Description