This report delves into the intricacies of corporate accounting and reporting, specifically focusing on acquisition analysis and business combinations. It begins with an acquisition analysis, detailing the fair value of identifiable assets and liabilities, and the calculation of goodwill. The report then provides a comprehensive breakdown of pre-acquisition and business combination valuation reserve (BCVR) entries, including journal entries for the non-controlling interest (NCI). Consolidation worksheet entries are also presented, illustrating the adjustments required for financial statement consolidation. The report further examines changes in accounting methods, particularly comparing partial and full goodwill methods under IFRS, and highlights the impact on goodwill recognition. It concludes with a discussion of the accounting treatment of depreciation, deferred tax liability, and the allocation of profit to NCI, providing a complete overview of the accounting processes involved in business combinations. The report provides a detailed explanation of the accounting entries and their implications.