Based on common wealth bank (CBA)

1. discuss the basic concept/ understanding of determining goodwill

2. discuss the basis applied by the group in determining their goodwill

3. report the amount of goodwill of the group as reported in the financial position of the group.

Answer rating: 100% (QA)

The need for determining goodwill often arises when one company buys another firm Goodwill is calculated as the difference between the amount of consi... View the full answer