The IFRS requires the acquirer, having recognised the identifiable assets, the
liabilities and any non-controlling interests, to identify any difference
between:
(a) the aggregate of the consideration transferred, any non-controlling
interest in the acquiree and, in a business combination achieved in stages,
the acquisition-date fair value of the acquirer’s previously held equity
interest in the acquiree; and
(b) the net identifiable assets acquired.
The difference will, generally, be recognised as goodwill. If the acquirer has
made a gain from a bargain purchase that gain is recognised in profit or loss.