Question: 1. How does AASB 3/IFRS 3 business combination affect the acquisition analysis? 2. Explain the purpose of the pre-acquisition entries in the preparation of consolidate

1. How does AASB 3/IFRS 3 business combination affect the acquisition analysis?

2. Explain the purpose of the pre-acquisition entries in the preparation of consolidate financial statement?

3. why it is important to identify intragroup transaction as current or previous period transactions?explain wit examples

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