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Good Will Calculation (I Think Error In Kaplan Book)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Good Will Calculation (I Think Error In Kaplan Book)

Viewing 4 posts - 1 through 4 (of 4 total)
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  • September 15, 2018 at 10:17 pm #474703
    zeeshan afzal
    Member
    • Topics: 5
    • Replies: 2
    • ☆

    Dear Sir,

    I am attempting test your understanding No 1 of FR Kaplan Book Chapter No. 17 Where Cost of investment is 65000 but in answer of TYU 1 they use fair value to investment 60000 instead of 65000 so i am unable to understand why and how they used 60000 instead of 65000 kindly guide me in this regard. thank you so much in advance

    September 16, 2018 at 9:12 pm #474769
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7065
    • ☆☆☆☆☆

    Hi,

    Could you please copy out the question? I don’t have the Kaplan materials at the moment.

    Thanks

    October 9, 2018 at 6:44 am #476903
    soniashampa
    Member
    • Topics: 4
    • Replies: 3
    • ☆

    sir,
    negetive goodwill post to profit or loss statement at credit side. Is this negetive goodwill increase or decrease profit?

    October 10, 2018 at 8:09 pm #477126
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7065
    • ☆☆☆☆☆

    Hi,

    The negative goodwill will increase profit. Remember that credits increase liabilities, income and capital.

    Thanks

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