Following IFRS, the goodwill is allocated to CGUs 1, 2 and 3. The following information is available
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Following IFRS, the goodwill is allocated to CGUs 1, 2 and 3. The following information is available for goodwill impairment testing:
| CGU1 | CGU2 | CGU3 | |
| Book value of goodwill | 2,500,000 | 4,000,000 | 1,500,000 |
| Fair value of CGU | 14,000,000 | 7,000,000 | 13,000,000 |
| Book value of CGU | 15,000,000 | 10,000,000 | 10,500,000 |
Q1 Goodwill impairment loss for 2019, following IFRS
Q2 Impairment loss for 2019 for the customer lists and brand names, following IFRS
Expert Answer:
Q1 To determine the goodwill impairment loss for 2019 following IFRS we need to compare the carrying ... View the full answer
Related Book For 
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
Posted Date:
