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What is the difference between the partial goodwill method and the full goodwill method under IFRS?

The main difference is how goodwill is treated. Under the full goodwill method, even if the parent doesn’t own 100% of the entity, goodwill is treated as 100% owned by the parent (similar to the 100% unicorn below). However, under the partial goodwill method, the parent can only record goodwill for the percentage they own (similar to the centaur below).


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