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Negative good will query

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Negative good will query

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by gulnoor.
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  • November 14, 2012 at 5:43 pm #55320
    gulnoor
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Why do we add negative good will to retained earnings and increase our profit???
    We should be treating it as loss and charge it against profit???
    Please somebody tell me the logic

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