09-01-2015, 09:13 PM
(09-01-2015, 05:58 PM)dydx Wrote: Accounting profits - including under Other Income - from mostly related party transactions backed by usually some form of financial engineering and new external debt financing IS NOT the same as normal profits from core operating activities earned and realised in cash.
In this case, it should be a simple form of negative goodwill. Negative goodwill will be recorded as PnL, base on FRS 103.4
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡