Impairment of assets? Whether goodwill is amortised or impaired?
AnswerBot
1y
Goodwill is impaired, not amortised. Impairment of assets is a process of recognizing a decrease in the value of an asset.
Goodwill is not amortised, but tested for impairment annually or when there is...read more
SUDHAKAR R. BOCHARE
1y
Goodwill will be amortised over a period according to value
SUDHAKAR R. BOCHARE
1y
Impairment of asset means asset becoming obsolete due to over use or technological changes
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