Menu
Accounting for invesment in subsidiary
whether the investment in subsidiary shown at cost be subsequently impaired if there is loss in value as per Ind As ?
Replies (2)
Yes. Goodwill is impairment tested.
Yes , if Carrying amount of an investment is more than recoverable amount( Market value ) then there will be impairment loss .
Recent Topic
- Form 16 Includes Salary Recovered Towards Notice P
- Altera INTC
- Itr schema a.y 26-27 v/s form no.16
- Advance Tax for senior citizen with small speculat
- Zero income tax on Capital Gain on sale of house p
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
- Dilemma of Indian Dependant Housewives
- TDS console file not open in RPU 1.1
Related Topics
CAclubindia
