07-03-2006, 01:54 AM
thx dear for such a quick response
and thx for guiding me
lakin guide karna achee baat hai agar sahee guide kia jayay to
just for ur information
i hav got hard copies of IAS
i hav got soft copies of IAS
i hav got soft copies of IAS summaries
i hav got all javed zuberi's IAS related books
i hav got shukla gupta traditional book
i hav read BPP study text
wat else should i get from petiwala
haan woh koi petion ka karobaar karta ho to woh main kahreed sakta hoon[D]
and then ap ka kehna hai k IAS ko parho
to i hav read it thoroughly
if i won't hav read it i wont have been able to ask a question
now wat the problem i faced was
IAS 38 besides many other issues also discusses treatment of internally generated goodwill para 48 to 50
but IAS38 doesn't give defintion of goodwill & internally generated goowill
so i wanted toknow exactly wat is meant by goodwill
and so turned my face to this forumfor help
i assumed people would help me rather than saying yaar aisa karo goodwill k naam say mr X nain ak kitab likhee hai woh khareed lo[8D]
kion kia khayal hai janab ka?
however i just got the definition of goodwill
it is as under
GOODWILL
Goodwill - Premium paid in the <b>acquisition of an entity</b> over the fair value of its identifiable tangible and intangible ASSETS less LIABILITIES assumed.
here i would ask senior if any other iAS gives defintion of goodwill do let me know
and 2nd part of my question was
wat is goodwill as it appears in accountsis this only goodwill acquired as a separate purchase because internally generated goodwill cant be recognised
it is also answered from defintion of goodwill as it mentions , premium paid in acquisition of an entity
so goodwill as it appears in accounts arises only in case of acquisition of an entity..PLZ DO CORRECT ME IF I M WRONG....
and thx for guiding me
lakin guide karna achee baat hai agar sahee guide kia jayay to
just for ur information
i hav got hard copies of IAS
i hav got soft copies of IAS
i hav got soft copies of IAS summaries
i hav got all javed zuberi's IAS related books
i hav got shukla gupta traditional book
i hav read BPP study text
wat else should i get from petiwala
haan woh koi petion ka karobaar karta ho to woh main kahreed sakta hoon[D]
and then ap ka kehna hai k IAS ko parho
to i hav read it thoroughly
if i won't hav read it i wont have been able to ask a question
now wat the problem i faced was
IAS 38 besides many other issues also discusses treatment of internally generated goodwill para 48 to 50
but IAS38 doesn't give defintion of goodwill & internally generated goowill
so i wanted toknow exactly wat is meant by goodwill
and so turned my face to this forumfor help
i assumed people would help me rather than saying yaar aisa karo goodwill k naam say mr X nain ak kitab likhee hai woh khareed lo[8D]
kion kia khayal hai janab ka?
however i just got the definition of goodwill
it is as under
GOODWILL
Goodwill - Premium paid in the <b>acquisition of an entity</b> over the fair value of its identifiable tangible and intangible ASSETS less LIABILITIES assumed.
here i would ask senior if any other iAS gives defintion of goodwill do let me know
and 2nd part of my question was
wat is goodwill as it appears in accountsis this only goodwill acquired as a separate purchase because internally generated goodwill cant be recognised
it is also answered from defintion of goodwill as it mentions , premium paid in acquisition of an entity
so goodwill as it appears in accounts arises only in case of acquisition of an entity..PLZ DO CORRECT ME IF I M WRONG....
