Question: (B) Discuss with the class what goodwill is, how it is calculated, when it can be recognised and the future effects on the statement of

(B) Discuss with the class what goodwill is, how it is

(B) Discuss with the class what goodwill is, how it is calculated, when it can be recognised and the future effects on the statement of profit and loss and OCI. Create a simple example, other than those used in the textbook or lecture slides, to demonstrate how goodwill is calculated

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