Monday, May 3, 2010

Goodwill

Goodwill
U.S. GAAP IFRS
Amortization? No No
test for impairment CV > FV of the company (*) CV > Recovervable amount(*)
For assets that are judged to be impaired, the calculation of the amount of the impairment charge same same

(*) Impairment loss is recognized in this case.

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