• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

BPP Black Friday sale!

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

Goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Goodwill

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 10, 2018 at 1:12 pm #467190
    alikhakar
    Participant
    • Topics: 186
    • Replies: 79
    • ☆☆☆

    can there be a reversal of impairment on goodwill ? If yes/no why so ?

    August 15, 2018 at 12:35 pm #467972
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7212
    • ☆☆☆☆☆

    Hi,

    Once goodwill has been impaired then it cannot be reverses. The reason is that the increase in goodwill now comes about from internal factors within the group and as such it would be internally generated goodwill, and IAS 38 does not allow the recognition of internally generated goodwill as it cannot be measured reliably.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • kneegro on Introduction to IFRS 16 Leases – ACCA (SBR) lectures
  • tkhue3296 on CIMA B3 Introduction to Accounting
  • John Moffat on Risk and Uncertainty – Expected Values – CIMA P2
  • John Moffat on Discounted Cash Flow – Annuities and Perpetuities – ACCA Financial Management (FM)
  • Sarah461422 on Risk and Uncertainty – Expected Values – CIMA P2

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in