Accounting for property, plant, and equipment, intangible assets , and goodwill requires many estimates and the exercise

Question:

Accounting for property, plant, and equipment, , and requires many estimates and the exercise of judgment by a company's management. What are some of the estimates and judgments that TELUS' management must make with respect to these assets? What are the challenges that TELUS' managers face when making these estimates and judgments (be specific-consider TELUS' business in your answer)? Is there any way that the judgment required could be reduced? What impact do estimates and judgment have on an entity's financial statements?

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of... Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...