guys, sharma sir has taught not to include goodwill while calculation capital employed , but ICAI Manuals are including it, morover debtor revaluation is not being considered in ICAI suggested Answer in FMP Caalculation. Please Advise.
Menu
Accounts valuation chapter
Replies (1)
Please go ahead with Sharma Sir approach as Current assets revaluation ill be considered while calculating FMP.
And Goodwill will be considered while calculating I.V
Suggested answer may differ as per Sharma Sir and ICAI approach. Does'nt matter as even answer given in SFM may differ from what we taught by other teachers.
Good luck!
Recent Threads
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
Related Threads
CAclubindia
