Forum Replies Created
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- June 4, 2015 at 5:28 pm #253201
Hi Mike,
Yes understood thanks for your help that was very useful.
Thank you once again.
June 4, 2015 at 11:25 am #252982Hi Mike,
Thanks for the explanation. So do you think it would be fine to say as a rule:
1) If the impairment relates to Goodwill and other assets, Unrecognised NCI/Notional Goodwill on NCI will come into the equation and will need to be deducted at the end of the calculation
2) If the impairment only relates to Goodwill, then there is no need to deduct the unrecognisedNCI/Notional Goodwill on NCI at the end of the calculation
Thank you
June 3, 2015 at 5:41 pm #252618Hi Mike,
Did you have a chance to look at the question?
Sorry to bother you again but it is getting very close to the exam!
Thank you
June 1, 2015 at 3:58 pm #251361Hi Mike,
Yes The impairment calculation showed that there was an impairment, it was very much the same scenario as the JUne 2013 papaer but for some reason this time there was no deduction of the NOtional Goodwill on NCI.
Thank you in advance for your help
May 31, 2015 at 12:18 pm #250941Hi,
In relation to this query. In the December 2011 paper, it is a very similar scenario whereby Traveler acquires Captive. Similarly in this case the unrecognised goodwill on NCI has been added to the Impairment calculation, however there has been no deduction of the notional goodwill on NCI after that which contradicts with the June 2013 paper.
Can you please let me know why this is?
Thank you
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