- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
MikeLittle.
MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
richa30
- Topics: 4
- Replies: 3
- ☆
Good afternoon sir,
I have a small doubt in f7consolidation
How do you know when to do the calculation for good will?Because in the book i refer to (BPP) they have calculated goodwill for certain questions and for some questions they haven’t done the calculation for goodwill.
MikeLittle
- Topics: 26
- Replies: 22647
- ☆☆☆☆☆
I suppose, for a question on consolidated statement of profit or loss there’s no need to calculate goodwill … unless, of course, the question says “Goodwill is to be impaired by (say) 20%)
But goodwill is an asset of the group so it must be calculated for a question on consolidated statement of financial position
MikeLittleViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.