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Goodwill (F.V adjus’t impact)

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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December 18, 2021 at 12:53 am #644482
Sourav9271
Participant
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Whilst calculating Goodwill will contingent liability And
Fair value increase(thus excess depreciation )
Or fair value decrease needs to be adjusted
Within Net current asset?
December 27, 2021 at 8:11 pm #644925
P2-D2
Keymaster
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Hi,
The contingent liability is recorded at fair value on acquisition within the net assets working. It is also recorded at the reporting date at either the same value, or if there have been changes to the fair value at its updated value.
Thanks
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