alleryStart learning →Which standards cover the cost of issuing shares or bonds to fund a takeover?
AInd AS 32 and 109
BInd AS 12 and 37
CInd AS 16 and 36
DInd AS 38 and 40
Answer & Solution
Correct answer: A. Ind AS 32 and 109
This is the one exception to expensing acquisition costs: issue costs follow the financial instrument standards.
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