I am confused about the goodwill impairment adjustment, as per ASPE - for a reporting unit tested for impairment the unit's assets and liabilities are to be tested for impairment first before the goodwill impairment, is that correct?ASPE 3064-para 76.
I really appreciate your lectures. You always remind me why I like accounting.
Glad to hear that
did I miss something or did you go through how to calculate the book value and the fair value?
35,000
can you explain how you calculated the $650k fair value?
I am confused about the goodwill impairment adjustment, as per ASPE - for a reporting unit tested for impairment the unit's assets and liabilities are to be tested for impairment first before the goodwill impairment, is that correct?ASPE 3064-para 76.
very nice, thank you
Thank you too! Please connect with me: linktr.ee/farhatlectures
he didnt even realise the amount of goodwill is 35,000. He took 75,000 less 40,000 = 25,000. hahah
Must not be very good with numbers
Very good
Very good. Here's are my FAR resources: farhatlectures.pathwright.com/library/?category=CPA+Exam+FAR
Hlo sir i m from India is your lecture beneficial for us also
Yes. It is.
Can u help me to find apractical lecture for assets depreciation&lease or to send me sheet by mail
Check out m intermediate accounting II: farhatlectures.pathwright.com/library/intermediate-ii/about/