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urgent ca final fr

CA Final 261 views 3 replies

tharun reddy

213 Points Posted on 01 May 2018

fr valuation of goodwill:-
when will we consider goodwill already given in balance sheet ,for calc capital employed and at what value(cost or amortised) ?

Replies (3)

Shiv Shah

4 Points Posted on 01 May 2018

when it is given that " Goodwill is purchased "- consider it to compute capital emoloyed at amortised value (book value)

tharun reddy

213 Points Posted on 01 May 2018

what is the treatment for bonus shares issued by subsidiary co out of post acquisition profits in CBS?

Parminder Singh

744 Points Posted on 01 May 2018

when goodwill appears in balance sheet, always consider it as purchased goodwill. write a note saying that only purchased goodwill can be shown as an asset as per AS 26.

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