Where one has a change in ownership interests, how should the goodwill affect the gain or loss or amount posted to equity?
You can read the paper:
Rojo Ramírez, A. A., & Alonso Cañadas, J. 2010. A vueltas con el fondo de comercio. Anales de la Universidad Metropolitana, 10(1): 15–70.
and
Rojo Ramírez, A. A. 2008. El fondo de comercio: un concepto controvertido. Revista Española de Capital Riesgo, Octubre/di(4): 3–22.
You can find at Researchgate
If one has a change in ownership interest and he gains, then he will pay to the old partner as goodwill. otherwise, he will be debited and other partners will be credited for goodwill. In case of limited companies, ownership interest can change by purchasing shares of selling shares. Hence, no treatment is required for goodwill. In this case, only purchased goodwill (purchase of a business) can be shown in the balance sheet.
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