Por favor podría alguien indicarme en donde puedo encontrar
información sobre metodologías para la medición del deterioro del
Goodwill. Sería Adecuado usar multiplos como base para su medición.

Please could someone tell me where can I find information on
methodologies for the measurement of impairment of Goodwill. Could i
use the methodology of multiples as a basis of measurement

Sincerely

Wilmar

Wilmar

You can send me a private note in Spanish if you like

That said as the Group is an English speaking one here is my view
(others might disagree)

1. Under IFRS the impairment testing is two fold

a) Th consolidation unit (HeadQuarters) do the impairment testing on a
world-wide basis but

b) The cash generation unit (subsidiary) is also supposed to do its
own profit & loss projections as kind of an early warning system

2. Under US GAAP only 1 is followed which gives a lot of surprises at
year-end. If I was wrong, many CFOs have realised that US GAAP is much
more vague than IFRS and are now using technical valuation firms (not
external audit firms) to assess the impairment of goodwill on a
world-wide basis. The ironic story is that in 7 years running I have
seen under US GAAP big impairments in the US not only because of
investments in Europe & Asia but majorly because divisions of the
business in the US were loss makers. Therefore if 1.b) above would be
in place the US companies would be less exposed

To get to the bottom of this on the topic go to pwcglobal.com and type
differences between US GAAP and IFRS, download the PDF document and
you will be able to read the relevant sections in relation to goodwill

Hi,

Can anyone let me know, whether it is necessary to allocated the
goodwill to cash generating units, arising in the year of business
combination and further test for impairment in the same year.

Logically, i would say the since purchase price allocation is carried
out, the residual number would represent goodwill for the year of
purchase and it should be evaluated for impairment in the following
period.

Request the thoughts of the group on this..

Ankur

Ankur,

Please review IAS 36, paragraphs 80 – 99 – they should address your question.

Regards,

Millard

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