how the acquisition method and possible approach (ceiling approach) could impact this client (how the two methods will affect pre-acquisition analysis, net assets, total assets, equity etc. and thereby any related ratios.)

The client acquired a 15% Non-Controlling Interest in a company that was a wholly owned subsidiary of the client's parent company. (Use your imagination for the client's industry and name). The details of this acquisition are as below:

Purchase consideration: $1 272 000

Fair value of business acquired: $1 258 000

Fair value of net identifiable assets: $1 235 000 Use the above information to explain the impact of the proposed IFRS's developments on the client