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Goodwill acquired in a business combination should subsequently be measured:

1. At cost2. At cost less accumulated amortization3. At cost less accumulated impairment losses4. At cost less accumulated amortization and less accumulated impairment losses

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Question added by Deleted user
Date Posted: 2013/08/28

At cost less accumulated amortization and less accumulated impairment losses

Ali Murtaza Bhimani
by Ali Murtaza Bhimani , Senior Manager / Unit Head , Bank Alfalah Limited

Yes, goodwill acquired in a business combination should be subsequently measured for impairment every year.

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