Under Ind AS, how is goodwill arising on acquisition treated?
- A Tested annually for impairment and not amortised
- B Amortised over five years
- C Written off immediately
- D Revalued each year
Answer
Tested annually for impairment and not amortised
Ind AS 36 governs impairment testing. Goodwill is carried at cost less accumulated impairment losses.





