Goodwill Disclosure in IFRS - with QuickVid

If goodwill is material, this should be disclosed on the Statement of Financial Position and also on a separate note.

If it is not material, this should be included within the intangible assets.

The option to disclose this separately on the Statement of Financial Position can be located by going into the wizard.

1. Select the Accounts format tab and it is under the disclosure format section.

2. Once this has been ticked, the goodwill will appear on the Statement of Financial Position.