Help me with: 1. Could you please give me some advice on how to start a memo for a college in accounting firm?

Help me with:

1. Could you please give me some advice on how to start a memo for a college in accounting firm?

Also, could you please explain for me the what are the differences between Acquisition Method and Ceiling Approach in Acquisition Analysis?

Further explain what is the Ceiling Approach in Acquisition Analysis

2.Could you please explain to me what the impacts for this client as the detailed number information listed in the question.

Please give me references for any idea.

Question:

One of the key issues concerning the accounting for business combinations under common control is the Acquisition Analysis. The IASB has proposed different methods of Acquisition Analysis including the Acquisition Method (IFRS 3/AASB 3), Full Fair Value Approach, Ceiling Approach and Revised Ceiling Approach.

1) Memo

Explaining the issues raised in the IFRS's "Business Combinations under Common Control" project and advise which approach to Acquisition Analysis for business combinations under common control the firm should support.

2) Letter

Draft a short letter to one of the firm's clients who may be impacted by the IFRS project. The client acquired a 15% Non-Controlling Interest in a company that was a wholly owned subsidiary of the client's parent company.

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