If goodwill is tested for impairment and the goodwill was computed using the Gross method, the impairment loss arising, how would this be reflected in the profit or loss statement.
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Impairment of Goodwill acquired in a business combination.
8y ago#1Hi,
If there is an impairment under the full goodwill method then the impairment must be allocated to the NCI too. To do this you would include the impairment in S's column in our standard working and then the NCI will receive their share when we calculate the NCI.
Thanks
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