FAR Question – Goodwill treatment under equity method and acquisition method

This topic has 4 replies, 2 voices, and was last updated 11 years, 9 months ago by Anonymous.

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March 20, 2014 at 4:22 am #184517

Anonymous
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Hi, to my understanding, goodwill is not tested for impairment under equity method, but it is tested for impairment under acquisition method. Anyone can confirm? thanks!

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March 20, 2014 at 8:20 pm #539358

SpartanCPA
Member

Yes, that is correct.

AUD - 01/18/14 - 81
BEC - 05/29/14 - 85
FAR - 07/18/14 - 81
REG - 11/18/14 - 80

Becker CPA Review
NINJA Audio
Michigan State University

March 20, 2014 at 8:20 pm #539387

SpartanCPA
Member

Yes, that is correct.

AUD - 01/18/14 - 81
BEC - 05/29/14 - 85
FAR - 07/18/14 - 81
REG - 11/18/14 - 80

Becker CPA Review
NINJA Audio
Michigan State University

March 20, 2014 at 8:50 pm #539360

Anonymous
Inactive

thanks!!

March 20, 2014 at 8:50 pm #539389

Anonymous
Inactive

thanks!!
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