Tag Archives: Goodwill

Goodwill Impairment Testing Disclosures under Ind AS (In Detailed)

Goodwill Impairment Testing

Goodwill Impairment Testing Disclosures under Ind AS: Transition from IGAAP to Ind-AS has resulted in change in treatment of goodwill. IGAAP prescribe amortization if it arises on amalgamation and impairment testing if it arises on consolidation, whereas Ind-AS prescribe only impairment testing. The purpose of the current study is to provide evidence of the extent […]