Goodwill from associateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Goodwill from associateThis topic has 2 replies, 2 voices, and was last updated 2 years ago by alawi sayed.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts October 20, 2021 at 10:30 pm #638654 alawi sayedParticipantTopics: 239Replies: 288☆☆☆☆Hello Sir,Is there any goodwill could arise from the purchase of associate and if so how we can to deal with it in the consideration as well as in case of impairment if any.Thanks, October 23, 2021 at 8:47 am #638842 P2-D2KeymasterTopics: 4Replies: 6875☆☆☆☆☆Hi,Goodwill will only arise on the acquisition of a subsidiary. There is no goodwill on the acquisition of an associate under equity accounting.Thanks October 23, 2021 at 11:22 am #638886 alawi sayedParticipantTopics: 239Replies: 288☆☆☆☆Thanks a lot Sir.AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In