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Impairment in Goodwill calculation (problem)

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Impairment in Goodwill calculation (problem)

  • This topic has 2 replies, 2 voices, and was last updated 13 years ago by alokito.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 12, 2012 at 10:08 am #52629
    alokito
    Participant
    • Topics: 6
    • Replies: 9
    • ☆

    When I calculating Subsidiary’s goodwill , should I deduct only Controlling interest percentage ? or whole? say,

    80% sub

    investment


    100
    NCI


    20
    less:
    Net asset @acn


    (50)
    Impairment


    (20)
    or impairment (20*80%) (16) ??

    May 12, 2012 at 10:36 am #97485
    Vipin
    Member
    • Topics: 151
    • Replies: 374
    • ☆☆☆☆

    you should deduct 100% impairment while calculating for good will.

    May 13, 2012 at 5:15 am #97486
    alokito
    Participant
    • Topics: 6
    • Replies: 9
    • ☆

    Thank you Vipin. Actually I am confused because I saw that 2nd calculation in LSBF 2011 lecture note.

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