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CONSOLIDATION

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › CONSOLIDATION

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by aminuadamumustapha07.
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  • June 20, 2021 at 9:15 pm #625939
    shaunak22
    Participant
    • Topics: 220
    • Replies: 41
    • ☆☆☆

    I was solving EXTRA MTQ i got this true or false wrong

    Goodwill is recalculated using the most recent fair values at each reporting period end- true/false

    why is the answer to this false?

    June 23, 2021 at 9:52 pm #626178
    aminuadamumustapha07
    Participant
    • Topics: 1
    • Replies: 5
    • ☆

    Because Goodwill on consolidation will contentiously amortized not recalculated every year

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