The valuation of goodwill is typically done in accordance with the Indian Accounting Standards (Ind AS) and the Companies Act, 2013. Goodwill is considered an intangible asset and is valued at the excess of the purchase price over the fair value of the net identifiable assets acquired in a business combination. #valuationofgoodwill #sapientservices #charteredengineering Visit - https://sapientservices.com/valuation-of-goodwill.php