Doubt in AS 26

srividyaa (112 Points)

21 May 2008

Sir,

What is the amortized period for Goodwill- acquired? Is it 5 yrs or 10 years? I want the current practise norm

Thanks and Regards

Srividyaa

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3 Replies

jaideep (Articleship) (44 Points)
Replied 22 May 2008

as per AS-26 amortized period for Goodwill- acquired is for 10 years and not for 5 years

srividyaa (112 Points)
Replied 22 May 2008

Thanks for the info Sir,

Regards

Srividyaa

Nishant (Charterted Accountant) (56 Points)
Replied 03 May 2009

Originally posted by :jaideep
"	as per AS-26 amortized period for Goodwill- acquired is for 10 years and not for 5 years	"

hi all

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