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Goodwill calculation ..plz help mee

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › Goodwill calculation ..plz help mee

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
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  • July 3, 2014 at 2:43 pm #178112
    umar2005
    Member
    • Topics: 21
    • Replies: 12
    • ☆

    If parent company buy 60% share of subsidiary then in the consolidated balance sheet we will show goodwill according to share holding % or full good will? plz reply

    July 3, 2014 at 4:38 pm #178119
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    We show the full goodwill in the Consolidated Statement of financial position.

    The object is to show the total assets of the group (including all of the goodwill).

    July 3, 2014 at 6:20 pm #178130
    umar2005
    Member
    • Topics: 21
    • Replies: 12
    • ☆

    thank you so much for the quick response.. opentuition.com you made f3 easy for me 🙂

    July 3, 2014 at 8:50 pm #178141
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You are welcome 🙂

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