Login to manage your account

Please enter a valid email address.
Forgot Password?
Please enter a valid password.
OR

Don't have an account yet? Sign up

Under Ind AS, how is goodwill arising on acquisition treated?

  1. A Tested annually for impairment and not amortised
  2. B Amortised over five years
  3. C Written off immediately
  4. 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.

All CA MCQs

Login to manage your account

Please enter a valid email address.
Forgot Password?
Please enter a valid password.
OR

Don't have an account yet? Sign up as