Accounting for invesment in subsidiary
chaithra shetty (2 Points)
25 September 2022chaithra shetty (2 Points)
25 September 2022
Yasaswi Gomes new
(Finance )
(4503 Points)
Replied 25 September 2022
Yes. Goodwill is impairment tested.
prasad Nilugal
( GST Practitioner & Accounts )
(14644 Points)
Replied 25 September 2022
Yes , if Carrying amount of an investment is more than recoverable amount( Market value ) then there will be impairment loss .
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)