QUESTION 1 Explain how the impairment testing can better reflect underlying economic attributes of...
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Accounting
QUESTION 1
Explain how the impairment testing can better reflect underlying economic attributes of goodwill than amortization method. (8 marks)
QUESTION 2
Following FRS 136 Impairment of Assets, discuss the challenges that might be faced by the company in the treatment of accounting for goodwill. (8 marks)
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