does goodwill depreciates ?

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does goodwill depreciates ?..

Answer / venkat

No,it is an intangible asset and thus can't be depreciable.

Is This Answer Correct ?    6 Yes 2 No

does goodwill depreciates ?..

Answer / sachin

dear venkat

it will depreciates but it called as amertaisation.

Ex: Sathyam's Good Will

Is This Answer Correct ?    4 Yes 0 No

does goodwill depreciates ?..

Answer / hamid

It can be amortize

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does goodwill depreciates ?..

Answer / anjana sehgal

As per AS-14 Goodwill that is purchased should be written
off & such written off is called Amortization.

Is This Answer Correct ?    1 Yes 0 No

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