Accounting standard

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curious (Querist)
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10 January 2015 Hi, I am going thru AS-14 and as per pooling interest method any difference between share capital of transferor co. And share issued by transferee co.(including fractional share to whom cash paid) is adjusted in reserve. Does it mean there will not be any goodwill in any case if transaction is termed as merger as per AS-14?

curious

curious (Querist)
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10 January 2015 Pls advise

Kumar

Kumar (Expert)
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10 January 2015 Yes because there are no adjustments made to the value of assets and liabilities as per AS 14 (para 3e v)

Kumar

Kumar (Expert)
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11 January 2015 and hence there can be no goodwill.

curious

curious (Querist)
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11 January 2015 Thanks kumar....you confirmed my anticipation.

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