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Goodwill should be presented on?

1) Statement of financial position belong to  the holding company .

2) when preparing the consolidated financial statements .

3) Statement of financial position belong to the subsidiary company .

4) Both1 &3 .

Accounting Cost Accounting Financial Accounting US GAAP CMA
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Question added by Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار
Date Posted: 2017/04/27
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Andrew Cabardo
by Andrew Cabardo , Senior Accountant , HBG Holdings Ltd - DMCC Branch

2) when preparing the consolidated financial statements .

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