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Goodwill impairment Q14 in kit.

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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April 1, 2021 at 9:06 am #615649
joynow
Member
- Topics: 42
- Replies: 38
Hi sir.
As goodwill has been calculated using the proportionate method , then this must be grossed up to include the goodwill atributable to the NCI.
But why is the impairment is allocated against the total notional goodwill?
April 1, 2021 at 10:55 am #615654
Stephen Widberg
Keymaster
- Topics: 12
- Replies: 2843
Please review our lecture on impairment which covers this issue. We pretend the goodwill is bigger but only for the sake of deciding how much impairment loss to charge against goodwill.
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