A client of yours, Anyeng Ltd, acquired a chain of subsidiaries associates and joint ventures in a group-restructuring scheme. The financial director is concerned about allocating goodwill to the CGUS. What advice would you give him?

(Choose correct answer)

choices:

CGUS that include goodwill need only be tested for impairment when indicators of impairment are present

Goodwill allocated to CGUS should represent the lowest level at which it's monitored for internal management purposes

CGUS that include goodwill can be larger than any operating segments used for segment reporting mentioned in IFRS 8 Operating Segments

Goodwill is tested for impairment in the same way as corporate assets

Goodwill must always be allocated to each identified CGU