SCHEDULE OF CHANGES IN GOODWILL (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2022 |
Dec. 31, 2021 |
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Balance as of December 31, 2020 | $ 1,320,100 | $ 1,209,953 |
Additions - Foreign currency translation | (113,150) | 110,147 |
Additions - Goodwill on new acquisitions | 50,399,733 | |
Less: Impairment Loss | (20,053,893) | |
Goodwill tax adjustment | 136,097 | |
Balance as of December 31, 2022 | $ 31,688,887 | $ 1,320,100 |
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- Definition Goodwill on new acquisitions. No definition available.
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- Definition The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition The amount of impairment loss recognised in profit or loss for goodwill. [Refer: Impairment loss recognised in profit or loss; Goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The increase (decrease) in goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The increase (decrease) in goodwill resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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