Dear Sir, can you please help me with a question?
Does the value of G/W change if the fixed assets are revalued (upwards)? I mean, G/W was first calculated in 2014 and in 2016 the fixed assets were revalued, thus impacting the Revaluation reserve.
Thank you very much!
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G/W after revaluation of fixed assets
9y ago#1Hi,
No, once goodwill has been calculated it will not increase in value as it is only calculated once, which is at the acquisition date. It can only suffer a decrease in value as a result of an impairment.
Thanks
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