Goodwill amortization

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MT
102 Points Posted on 06 April 2020
would there be amortization of G/W in case of business combination IFRS 3 ??
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On 06 April 2020 at 23:14 Report
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Quick Summary
This discussion clarifies the treatment of goodwill in business combinations under IFRS 3. Goodwill is not amortised but is instead tested annually for impairment. If an impairment loss is identified, it is recognised in the profit or loss account.

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My grammar is 💯 good I
7306 Points Posted on 19 April 2020

Good Will is written off after testing for impairment. 

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On 19 April 2020 at 20:47
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MT
102 Points Posted on 20 April 2020
Through p/l account ??

could you please elaborate ?
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On 20 April 2020 at 06:30

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