I would like to know whether goodwill on acquisition of a subsidiary is to be recognised even though such goodwill is immaterial to either the parent company or the group as a whole.
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- 14 Aug 2019, 13:01
- Forum: General accounting and financial reporting discussion
- Topic: Recognition of goodwill on acquisition of subsidiary
- Replies: 1
- Views: 1767
Recognition of goodwill on acquisition of subsidiary
Hi there,
I would like to know whether goodwill on acquisition of a subsidiary is to be recognised even though such goodwill is immaterial to either the parent company or the group as a whole.
I would like to know whether goodwill on acquisition of a subsidiary is to be recognised even though such goodwill is immaterial to either the parent company or the group as a whole.