20 September 2007
For consolidation of accounts, first consider the valuation of assets and current liabilities then decide the value of business, value of goodwill will come automatically.
I would go with Manish and consider Institute's Model, Also you can look for the suggested answer, These are the best solutions for any kind of module.
It seems that u r asking from exams point of view..... I think u should follow the following tips:-
-->Do Valuation of goodwill before doing valuation of shares -->First read the theory of d chapters ...topicwise....try solving illustration of the module ,they r really good.... once u finish with the illustrations try solving scanner....and if u have any problem in solving scanner questions u can refer suggested available on dthis website or u can purchase compiler... bye Komal