NOTE 7.

GOODWILL:

Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in businesses combinations. Goodwill was comprised of the following amounts:

	March 31, 2017		December 31, 2016
Virtuoso	$	939,881	$	939,881
DCM		10,416,000		10,416,000
Bigtech		292,808		314,555
Ameri Consulting Service Pvt. Ltd.		1,948,118		1,948,118
Ameri Georgia		3,470,522		3,470,522
ATCG		4,812,243		-
Total	$	21,879,572	$	17,089,076

As per Company policy, goodwill impairment tests will be conducted on an annual basis and any impairment will be reflected in the Company’s statements of operations.