Full and partial goodwill methods.

Full and partial goodwill methods.

by Jean Damascne MUSONI -
Number of replies: 0

The following is the difference between full and partial goodwill methods:

Under full goodwill method you use the full value of the assets and take out the net identifiable assets to get your proportion of ownership while under partial goodwill method you use the partial value of the assets. Since you start with your proportion of ownership, take out just your proportion of net identifiable assets.

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