Goodwiil

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2011 Dear All expert,
i want to know about goodwill and its nature and entry in company..................


Thanks in advance.........

05 September 2011 Purchased Goodwill or Recognised Intangible Goodwill.
Both Have Different Accounting Trawetment

05 September 2011 AS - 26 says - Purchased Goodwill treted as Intangible assets, can be amortize in 5 years as per AS - 14.


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