- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Hi? I have a question in which “investment in subsi” does not equal to FV of consideration, so in finding out GW, which amount I should use?
The figure that you use in the goodwill calculation is the FV at the date of acquisition. If this has changed since the date of acquisition due to a change in the share price (say) then you will still use the FV at date of acquisition.
When you consolidate the SFP line-by-line then you will remove the value of the investment in the subsidiary in full but also remove any gain from reserves.