Posts tagged Goodwill

Many purchase business combinations involve the recognition of goodwill. Except to those who follow every bit of accounting standard update, talking about accounting for goodwill …

Goodwill is not subject to amortization. Instead, companies must conduct periodic impairment testing. The amount of goodwill that a company maintains on its books as …

Under the accounting rule known as SFAS 142, companies are required to perform an annual goodwill impairment test regardless of whether there is a triggering …

A business combination occurs before a consolidation. Business combinations must be accounted for under the purchase method. Accounting and reporting requirements, and disclosures must be …

Asset impairment occurs when the fair value of an asset declines below the amount at which it is recorded on the books (its carrying amount). …

Intangible Asset is a not an easy subject in financial accounting. It is hard to be valued. On other hand, types of intangible been growing up rapidly. Consequently, accounting …

The purpose of IAS 38, Intangible Asset is to prescribe the recognition and measurement criteria for intangible assets that are not covered by other Standards. …

When circumstances indicate that the goodwill may have become impaired, the remaining goodwill will be estimated. If the resulting estimate is less than the book …

Generally the most significant non-current asset in terms of value is a company’s investment in property and equipment. These are the assets that companies commit …

A purchaser may attempt to forecast the future income of a target company in order to arrive at a logical purchase price. Goodwill is often, …