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Group accounts – Goodwill

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Group accounts – Goodwill

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Sangria9.
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  • September 20, 2012 at 2:06 pm #47130
    redmarlen
    Member
    • Topics: 4
    • Replies: 3
    • ☆

    When I pass the F7 in Dec 2009 we calculated goodwill in two ways – traditional and at fair value. Please advise wheather these two ways are still relevant for the Dec 2012 exams.

    October 18, 2012 at 5:33 pm #75810
    Sangria9
    Member
    • Topics: 25
    • Replies: 285
    • ☆☆☆

    BPP study text for exams in 2012 says, that non-controlling interest can be valued in two ways:
    1) its proportionate share of the subsidiary’s net assets
    2) full (or fair) value.

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