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