Comments

  1. avatar says

    I understand goodwill is applied once at the start and the reason for it. I do not understand the logic of goodwill impairment also how do you decide the %of it as sometimes it’s 10%and other times as high as 80%.

  2. avatar says

    Dear sir,
    In eg 1. you did not deduct preacquistion of $10,000, however in example 4 you deducted preacquistion of $5000.00. I am confused since both questions the dates of acquistion and year end is the same? Can you clarify.

    With thanks

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