Goodwill hunting

Yasaswi Gomes new (Finance ) (4329 Points)

09 November 2022  

Hi

Ive had this doubt ever since I graduated in Master. Goodwill can be created based on simple profit method and super profit method. Is this for partnerships or companies? Which AS covers this please? 

Txs

Ive migrated to Indas and no need for me to value AS goodwill.