Hi,
The subsequent measurement of Goodwill, ‘Cost-accumulated impairment’, what does ‘cost’ stand for?
Is it the cost of investment?
Is it the Goodwill intangible asset value on SOFP?
How do you calculate the ‘cost’?
Txs.
Subsequent Goodwill Measurement
Re: Subsequent Goodwill Measurement
Cost is the initial recognition anount
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Re: Subsequent Goodwill Measurement
@ Marek Muc
Thank you. That is what I thought (existing Goodwill-impairment). Any additional Goodwill recognition through new acquisitions, that newest part of Goodwill treatment will be as per initial recognition+subsequent measurement of existing Goodwill and again going back to subsequent measurement for the whole of it until it is nil.
Thank you. That is what I thought (existing Goodwill-impairment). Any additional Goodwill recognition through new acquisitions, that newest part of Goodwill treatment will be as per initial recognition+subsequent measurement of existing Goodwill and again going back to subsequent measurement for the whole of it until it is nil.
Novice