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Full Disposal and goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Full Disposal and goodwill

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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    Posts
  • June 14, 2021 at 4:55 pm #625275
    trainee1
    Participant
    • Topics: 56
    • Replies: 30
    • ☆☆

    Dear tutor,
    Thank you for your lectures and hope you are fine.

    I have 2 questions regarding full disposal.

    1 – Should we consider the value of goodwill at date of acquisition or its fair value at date of disposal? I saw a question and as far as I understood it ignored the fair value at date of disposal and considered the value of goodwill at date of acquisition. I just want to make sure it is correct?

    2 – What about impairment if the goodwill is impaired since acquisition. Should we deduct the impairment from goodwill? I feel the answer to this question is yes, but again I want to make sure it is correct?

    Thank you very much

    June 15, 2021 at 6:53 am #625303
    Stephen Widberg
    Keymaster
    • Topics: 12
    • Replies: 2843
    • ☆☆☆☆☆

    1. Only consider FV of the components of the goodwill calculation at the time of ACQUISITION.

    2. At time of disposal, you would use the carrying amount of goodwill – after impairment has been deducted.

    🙂

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