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urgent ca final fr

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) ?

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3 Replies

Shiv Shah (4 Points)
Replied 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)
Replied 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)
Replied 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.