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Written by:
Gary W
Date added:
August 2, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 1981
Was viewed:
7683 times
Rating of current essay:
Essay content:
Goodwill is carried at cost less accumulated impairment losses and is now tested for impairment annually or more frequently if events or changes in circumstances indicate that it may have to be impaired. Any impairment loss is recognised in profit or loss and subsequent reversal is not allowed. Prior to 1 January 2006, goodwill on acquisition was written off and set off against reserves in the year of acquisition...
displayed 300 characters
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Goodwill is carried at cost less accumulated impairment losses and is now tested for impairment annually or more frequently if events or changes in circumstances indicate that it may have to be impaired. Any impairment loss is recognised in profit or loss and subsequent reversal is not allowed. Prior to 1 January 2006, goodwill on acquisition was written off and set off against reserves in the year of acquisition...
displayed 300 characters
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