Once the impairment of goodwill has been signaled,the amount of the impairment loss is calculated as the difference between the implied fair value of the goodwill and its carrying amount.
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Q27: Impairment of goodwill may be signaled by
Q28: The purchase of a company by the
Q29: When an auditor is uncomfortable with the
Q30: The reputation and independence of the valuation
Q31: In a restructuring,the specific commitment to compensate
Q33: Auditors should ensure that clients place a
Q34: Purchases of companies or divisions must be
Q35: In acquisitions that are material to the
Q36: Goodwill must be specifically identified with an
Q37: Once impairment losses have been taken in
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