• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Group Disposals Goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Group Disposals Goodwill

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by AvatarP2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 31, 2023 at 7:59 am #685568
    AvatarAntonCC
    Participant
    • Topics: 2
    • Replies: 0
    • ☆

    Hi, please can you help. When we calculate a gain or loss on disposal of a subsidiary for a group disposals, why do we deduct goodwill in addition to deducting net assets at date of disposal? Isn’t the goodwill included in the net assets at date of disposal? I’m thinking in terms of example 4 on page 117. Sorry, if I’m missing something obvious.

    Thank you in advance.

    Anton

    June 8, 2023 at 12:08 pm #686500
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7235
    • ☆☆☆☆☆

    Hi Anton,

    We are removing all the assets of the subsidiary on its disposal and the net assets figure does not include the goodwill asset, hence why we deduct it on top of deducting the net assets figure.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • melucina15 on Organisational culture – ACCA Paper BT
  • harsh9 on Regulatory framework – ACCA Financial Reporting (FR)
  • LiliaDvornikova on ACCA TX-UK FA2025 Chapter 20 Trading and other losses – Companies
  • Zidanda on The valuation of debt finance, and duration (part 1) – ACCA (AFM) lectures
  • Davud on FA Chapter 21 Questions IAS 38 – Intangible Assets: Goodwill, Research and Development

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in