Question: Explain what consideration is. For the items listed below, which could be included in the calculation of consideration and how should their values be calculated?

Explain what consideration is. For the items listed below, which could be included in the calculation of consideration and how should their values be calculated? For those that do not belong in the calculation of consideration, how should they be accounted for? Explain in detail.

Brand name transferred by the acquirer

Consultant fees associated with the business combination

Contingent consideration payable if share price falls

Cash due in 1 years time

Shares issued by the acquirer, but they are not a listed company

Land and building transferred by the acquirer

Costs related to issue of shares

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