BPP revision kit 9 Foreign operation

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February 21, 2019 at 2:12 pm #506021
richardscully
Participant
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Hi

I see in the answer on goodwill the kit does not do a notional goodwill calculation on the impairment

What did i miss?

I did the notional goodwill calculation

I note on the exchange gain they just do 80% of the gain where I did a notional type calc
March 1, 2019 at 8:58 pm #507058
P2-D2
Keymaster
- Topics: 4
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Hi,

Good spot, as technically a notional goodwill calculation should be done but I think they’ve taken the view that it is far too complicated and therefore decided not to do it.

Thanks
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